<h1>Indian Government Allocates Rs. 56,415 Crore for State Capital Investment in 2023-24; Focus on Health, Education, Infrastructure.</h1> The Indian government has approved Rs. 56,415 crore for capital investment in 16 states under the Special Assistance to States for Capital Investment 2023-24 scheme. This initiative aims to boost capital spending in sectors like health, education, and infrastructure. States will receive a 50-year interest-free loan as part of a larger Rs. 1.3 lakh crore allocation for the financial year. The scheme includes incentives for vehicle scrapping, urban planning reforms, and promoting national integration through Unity Malls. It also supports digital libraries and housing for police personnel, continuing similar efforts from previous years.