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States usurping branding of central schemes may lose cheaper capex loans

By Economic Times - 8 months ago
The Centre is planning to tighten conditions under this facility, as cases of state governments, particularly ruled by opposition parties, renaming centrally sponsored schemes to portray them as their own programmes, a senior government official familiar with the matter told ET. Union finance minister Nirmala Sitharaman had in September 2022 in Telangana flagged the issue of Prime Minister Narendra Modi's picture missing from a local fair price shop.

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