Andhra Pradesh has secured Rs 19,619 crore under the Special Assistance to States for Capital Investment scheme Photo | IANS
Andhra Pradesh

Andhra Pradesh gets Rs 19,619 crore under SASCI scheme

The achievement reflects the present government’s emphasis on fiscal discipline, timely project preparation and efficient implementation.

Express News Service

VIJAYAWADA: Andhra Pradesh has achieved a significant milestone in mobilising capital investment support from the Government of India. Under the leadership of Chief Minister N Chandrababu Naidu, the State has secured Rs 19,619 crore under the Special Assistance to States for Capital Investment scheme in just two and a half years.

This is 72% higher than the Rs 11,386 crore received by the previous YSRCP government under the same scheme between 2020 to 2024. It is interesting to note that the figures were officially placed before Parliament by the Union Ministry of Finance in a response to a question listed by YSRCP MP PV Mithun Reddy.

The achievement reflects the present government’s emphasis on fiscal discipline, timely project preparation and efficient implementation. Andhra Pradesh has consistently secured higher allocations by submitting eligible capital investment proposals and ensuring faster execution, enabling the State to access significantly greater financial resources for infrastructure development.

According to the Union Government’s reply in Parliament, Andhra Pradesh has received Rs 31,005.47 crore under the SASCI scheme since 2020-21. Of this, Rs 19,619 crore has been released during the tenure of the present TDP-led government, including Rs 7,901.56 crore in 2024-25, Rs 8,289.61 crore in 2025-26 and Rs 3,428.14 crore during 2026-27 (till August 1, 2026).

The Special Assistance to States for Capital Investment (SASCI) scheme provides 50-year interest-free capital loans to States for capital expenditure. As per the Union government, assistance is released expeditiously once States submit complete project proposals.

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