Current Affairs - State - Discussion

Madhya Pradesh Government approves Rs 2,195 crores for infrastructure schemes. The state government has given its approval in the form of a grant for Rs. 699 crore 20 lakh, Rs. 895 crore 70 lakh and Rs. 600 crore 50 lakh respectively, total Rs. 2195 crore towards infrastructure works. The approval 40 percent grant of the project cost from the government, a loan from the financial institutions under the 50 percent government guarantee and to ensure 10 percent share of implementation agency for the establishment of new industrial areas and development of industrial areas under state-level corridor.