Meghalaya to Receive Capital Boost: Sitharaman Announces SASCI Funding
Union Finance Minister Nirmala Sitharaman announced a significant financial aid package for Meghalaya during a public address in Shillong on Friday, July 11, 2025. The state will be a beneficiary of the Scheme for Special Assistance to States for Capital Investment (SASCI).
This initiative aims to bolster Meghalaya’s ongoing redevelopment efforts. The specific amount allocated under SASCI remains undisclosed.
Sitharaman’s announcement signifies the central government’s commitment to supporting northeastern states in their infrastructure development and economic growth. The timely financial assistance is expected to significantly impact Meghalaya’s progress.
This injection of capital could potentially accelerate key infrastructure projects, creating jobs and boosting the state’s economy. The positive impact on the lives of Meghalayan citizens will be closely monitored.