Shillong (Meghalaya) [India], July 11 (ANI): Union Finance Minister Nirmala Sitharaman, whereas addressing a public gathering in Shillong, Meghalaya, mentioned that the federal government will supply the Scheme for Special Assistance to States for Capital Investment (SASCI) to Meghalaya to help the state within the strategy of redevelopment.
Under this Scheme, the federal government will present 50-year interest-free loans to the state authorities. Additionally, the Finance Minister, Nirmala Sitharaman, additionally introduced some initiatives in Meghalaya beneath the SASCI scheme.
The minister is on a 4-day go to to the northeastern state of India, the place she is going to work together with Industry stakeholders, beneficiaries of the cost ecosystem service program and lots of others within the upcoming days.
Among the foremost initiatives, the redevelopment of the enduring Lake Umiam has been sanctioned at a price of Rs 99 crore. Another Rs 99 crore has been earmarked for the event of a contemporary MICE (Meetings, Incentives, Conferences, and Exhibitions) infrastructure at Mawkhanu, for which the muse stone has already been laid.
In a significant increase to sports activities infrastructure, a world-class soccer stadium is proposed at Mawkhanu with an enormous funding of Rs 732 crore beneath the SASCI scheme.
Further, to advertise girls’s security and assist working professionals, a community of working girls’s hostels is deliberate in Shillong, Jowai, Byrnihat, and Tura at a complete price of Rs 132 crore. To improve digital entry and studying in distant areas, the state has constructed and inaugurated 75 digital libraries out of the 750 sanctioned, with a complete undertaking price of Rs 162 crore.
Outside of the SASCI Scheme, the muse stone for the development of the Office cum Residential advanced of the Central Board of Indirect Taxes and Customs (CBIC), Unsawli, New Shillong. Project Cost: Rs 256 crore.
The basis stone for the Indian Institute of Corporate Affairs (IICA)-NE Chapter, Umsawli, has been laid. Project price: Rs 100.95 crore,’ posted on the social media ‘X’ by Nirmala Sitharaman Office.
While addressing a public program within the state capital, Nirmala Sitharaman additionally highlighted that beneath the Pradhan Mantri Jan Dhan Yojana, 8.64 lakh financial institution accounts have been opened, driving monetary inclusion throughout the state.
Additionally, the Pradhan Mantri Jeevan Jyoti Bima Yojana has seen 5.5 lakh enrolments for all times insurance coverage cowl. In distinction, almost 1 lakh people have availed of unintended insurance coverage beneath the Pradhan Mantri Suraksha Bima Yojana.
Over 1.5 lakh homes have been constructed beneath the PM Awas Yojana, considerably bettering housing entry for the underprivileged.
In the water and sanitation sector, the Jal Jeevan Mission has offered faucet water connections to five.3 lakh rural households, rising rural faucet water protection from simply 4,550 households in 2019 to a formidable 82.85 per cent as of July 2025.
Under the Swachh Bharat Mission (Rural), over 3 lakh rural households have been supplied with bathrooms, reinforcing the objective of attaining complete sanitation.
More than 3 lakh LPG connections have been launched beneath the PM Ujjwala Yojana, bettering entry to scrub cooking gas for girls and rural households. (ANI)