Skip to main content

https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Uttarakhand Gets ₹2,355 Crore Capital Investment Support from Centre Under SASCI and Pride of Hills Scheme

Centre approves major financial assistance for debt repayment and infrastructure development to accelerate growth and ease fiscal pressure in the state.
Indian Masterminds Stories

Dehradun: The Central Government has approved a significant financial assistance package of ₹2,355.54 crore for Uttarakhand under the Special Assistance to States for Capital Investment (SASCI) scheme and related development initiatives. The funding aims to strengthen infrastructure development, reduce fiscal pressure, and accelerate ongoing welfare and capital projects in the Himalayan state.

Chief Minister Pushkar Singh Dhami has expressed gratitude to the Centre, calling the support a major boost for the state’s development agenda.

Breakdown of the ₹2,355 Crore Assistance

The approved financial support includes multiple components designed to address both debt management and development needs:

  • ₹2,283.60 crore under the “Pradhan of Hills” / hill states development initiative
  • ₹71.94 crore under SASCI for use as the state’s share in centrally sponsored schemes
  • Total disbursed in the current financial year 2026–27: ₹2,355.54 crore

According to officials, including Finance Secretary Dilip Jawalkar, this allocation has already been sanctioned in the current fiscal cycle.

Read also: CM Pushkar Singh Dhami Joins Yoga Day Event in Banbasa, Promotes “Yoga Grams” Initiative Across Uttarakhand

Interest-Free Loan for Long-Term Fiscal Relief

A major portion of the package is being provided as part of a long-term, interest-free loan facility for 50 years, aimed at supporting capital expenditure in hill and northeastern states.

Key benefits include:

  • No immediate repayment burden on the state
  • Improved fiscal flexibility for infrastructure projects
  • Support for development in difficult and remote terrain

The initiative is designed to reduce Uttarakhand’s debt pressure while allowing the state government to redirect budgetary resources toward development priorities.

Boost to Infrastructure and Welfare Development

The funding is expected to accelerate:

  • Road and transport infrastructure projects
  • Tourism development in hill regions
  • Public welfare schemes
  • Health and education infrastructure
  • Rural and remote area connectivity projects

Officials said the financial support will help the state maintain momentum in development work, especially in geographically challenging regions.

Centre’s Focus on Hill and Himalayan States

The assistance comes under the broader framework of the Centre’s focus on special development support for Himalayan and northeastern states, including programs like the “Pradhan of Hills” initiative.

This approach aims to:

  • Strengthen infrastructure in difficult terrain
  • Promote balanced regional development
  • Improve connectivity and public service delivery
  • Support states with limited revenue capacity

CM Dhami Welcomes the Decision

Chief Minister Pushkar Singh Dhami welcomed the decision, stating that the Centre is fully supporting Uttarakhand’s development journey under the leadership of Prime Minister Narendra Modi.

He emphasized that the state government remains committed to transforming Uttarakhand into a leading state in the vision of a “Developed India.”

Read also: Uttarakhand CM Pushkar Singh Dhami Approves ₹105 Crore Development Projects Ahead of Kumbh Mela 2027


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Uttar Pradesh govt
UP Villages to Get 75% of Pond Lease Auction Revenue for Local Development
pari bishnoi-2
‘Competition Is More in Our Head’: IAS Officer Pari Bishnoi’s Advice to UPSC Aspirants
Anu Beniwal news-2
Who Is IPS Officer Anu Beniwal Behind Action Against CSP Neha Pachisia?
Amrinder Warring
Raja Warring Takes Legal Route Against Ex-IPS Officer Mohammad Mustafa Over Alleged Personal Attacks
CAPFs
CAPF Veterans Sound Alarm Over New Act, Announce Hunger Strike at Jantar Mantar
Ashwani Kumar IAS-2
From IAS Office to Film Set: Ashwani Kumar Makes His Acting Debut With Devyani
Gyanendra Kumar IAS-2
Missing IAS Officer Gyanendra Kumar Gangawar Traced to Hometown After Family Emergency
Jammu and Kashmir Government
Four-Year Wait Ends: 14 JKAS Officers Get Formal Clearance for IAS Induction
ADVERTISEMENT
ADVERTISEMENT
Videos
ChatGPT Image Aug 20, 2026, 05_46_21 PM
How IPS Officer Keshav Kumar Used Forensics to Crack Gujarat’s Lion Poaching Case
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
Sumit Ramteke tn
IPS Sumit Ramteke on the Cases That Changed His Career and Shook Organized Crime | Video Interview
ADVERTISEMENT
UPSC Stories
Pankaj Kamboj
Father Died, Family Turned to Farming: How Pankaj Kamboj Fought His Way to CAPF
After losing his father at 14 and helping his family survive through farming, Pankaj Kamboj turned repeated...
Prachi Jain
A Failed Prelims, A Fractured Leg & One More Shot: How Prachi Jain Made AIR 714
Prachi Jain secured AIR 714 in UPSC CSE 2025 after setbacks, injury and two interviews, and now prepares...
Abhay Pratap Singh UPSC CAPF 2025
From 10 SSB Setbacks to UPSC CAPF AIR 191: Abhay Pratap Singh’s Journey in Uniform
After 10 SSB setbacks, postal department job and two CAPF attempts, Abhay Pratap Singh cleared UPSC CAPF...
CSR NEWS
IREDA Solar Projects
IREDA Inaugurates 170 kW On-Grid Solar Projects in Goa Under CSR Initiative
IREDA supports 80 kW and 90 kW solar projects at Agassaim and Bambolim to promote clean energy and reduce...
WCL CSR mushroom cultivation
WCL Signs MoU for ₹35.39 Lakh CSR Project to Promote Mushroom Cultivation in 40+ Villages
WCL Nagpur Area will develop controlled-condition mushroom cultivation infrastructure at Pauni Range...
MDC Swasthya Kaushal Yojana 2
NMDC Flags Off 90 Students for Healthcare Education Under Swasthya Kaushal Yojana 2026 
Selected students from Bacheli will pursue healthcare education at Apollo University, Chittoor, as NMDC...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Ajay Singhal
How the New Criminal Laws Are Rewiring India's Justice System
Uttar Pradesh govt
UP Villages to Get 75% of Pond Lease Auction Revenue for Local Development
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
ChatGPT Image Aug 20, 2026, 05_46_21 PM
Shakeel Ahmad Ganie IRS Interview
Sumit Ramteke tn
ADVERTISEMENT
ADVERTISEMENT