<h1>State seeks Rs 30,000 crore extra-FRBM borrowing approval for education transformation via special purpose corporation</h1> A state government asked the central finance minister to allow Rs 30,000 crore of borrowing outside FRBM limits to finance an education transformation program via a special purpose corporation. The requested funds include Rs 21,000 crore for construction of 105 integrated residential school campuses and Rs 9,000 crore for allied education investments. The state characterizes the borrowings as long-term capital expenditure for human capital formation rather than routine consumption and describes the program's features-multidisciplinary, AI-enabled classrooms, STEM and vocational labs, residential and health facilities, nutrition, sports, gender-sensitive design, and sustainability measures-aligned with SDG-4 and national development goals.