Panaji: Chief minister Pramod Sawant directed govt departments to release the amount of various schemes to the people ahead of the upcoming Diwali festivities on Tuesday.
He chaired a meeting of the finance department in the presence of secretaries and heads of departments of the various departments.
Sawant held a monthly review meeting and assessed the receipts, expenditures, and loans of the state govt and the autonomous bodies.
He reviewed the performance of the centrally sponsored schemes and the ongoing development projects in the state.
State govt secured a loan of approximately Rs 500 crore to compensate contractors who undertook development projects within the state and to initiate further development work. The amount was borrowed during the period from April to Aug 2024.
State govt can borrow up to Rs 3,700 crore from April till Dec. The borrowing limit will be revised in Dec for the period between Jan and March 2026. An official said the total borrowing limit is expected to be over Rs 4,000 crore.