An in-principle approval letter has been issued to Maharashtra for an amount of Rs.600 crore for reviving and upgrading various ITIs/ polytechnics under the SIDBI Cluster Development Fund (SCDF).
The Reserve Bank has decided to reduce the Ways and Means Advances (WMA) for States Governments and Union Territories (UTs) from Rs 51,560 crore to Rs 47,010 crore, considering the improvement in the pandemic situation.