To commemorate Azadi Ka Amrit Mahotsav, a one-time new small savings scheme,Mahila Samman Savings Certificateto be launched. It will offer deposit facility upto Rs 2 lakh in the name of women or girls for tenure of 2 years (up to March 2025) at fixed interest rate of 7.5 per cent with partial withdrawal option.

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The maximum deposit limit for Monthly Income Account Scheme to be enhanced from Rs 4.5 lakh to Rs 9 lakh for single account

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and from Rs 9 lakh to Rs 15 lakh for joint account.

The entire fifty-year interest free loan to states to be spent on within 2023-24. Part of the loan is conditional on States increasing actual Capital expenditure and parts of outlay will be linked to States undertaking specific loans.

Fiscal Deficit of 3.5% of GSDP allowed for States of which 0.5% is tied to Power sector reforms.