WIRE — The government allocated Rs 1,500 crore State Viability Gap Funding (VGF) for the financial year 2026-27. To attract investments from private parties, the VGF would compensate for the key corpus fund requirement. A comprehensive system involving projects planning, appraisal, procurement, implementation and supervision would be formed. The government also proposed to provide project viability bridge fund to projects that would prove beneficial at a later stage, even when they struggle financially in the initital stage
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