Delhi To Get Rs 600 Crore As Special Financial Assistance From Centre
Delhi Chief Minister Rekha Gupta on Thursday met Union Finance Minister Nirmala Sitharaman, securing a ₹600 crore commitment under the Centre's Special Assistance to States/UTs for Capital Investment (SASCI) scheme. The funds are expected by the end of this month.
The SASCI scheme was launched in 2020–21 in response to the economic revival required after the COVID-19 pandemic. The aim is to provide interest-free loans for 50 years to States and Union Territories to support capital expenditure.
The scheme promotes infrastructure development, employment generation, and sustainable growth. It enables states to become active partners in the nation's overall development by equipping them with financial resources, reforms, and capital capabilities.
In a statement issued after the meeting, Gupta's office said the finance minister was briefed about Delhi's ongoing development journey, current progress of various schemes, and future requirements. Sitharaman assured full and continued support from the Central Government towards the development of Delhi.
'… the Union Finance Minister shared details about the SASCI scheme. Under this scheme, the Delhi Government will receive ₹600 crore in special financial assistance by the end of this month," the statement reads.
Gupta said a proposal for the allocation will soon be sent to the Ministry of Finance, adding that the funds will be used to accelerate development projects across the city, including traffic management, drainage, green energy, and waste management initiatives.
'Delhi is not just the capital of the country, but also the cultural, administrative, and economic hub of India. Its planned development and good governance should serve as a model for all," the CM said.
Gupta stated that the people of Delhi are witnessing the direct benefits of the collaborative efforts between the Central and State Governments.
In February, the BJP finally came to power in Delhi after almost three decades out of power in the city. With the political alignment at centre and state level, the flow of development has improved, the government says.
This meeting with Sitharaman comes weeks after Gupta met Union Ministers Amit Shah and Nitin Gadkari to seek the Centre's help for Delhi's development.
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First Published:
July 17, 2025, 20:31 IST
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