Consider the statement in regard "Special Assistance to States for Capital Expenditure".
1. The Finance Ministry has approved Rs 9,879.61 crore worth capital expenditure proposals of 27 states.
2. All states, except Tamil Nadu, have availed benefits of ‘Special Assistance to States for Capital Expenditure.
Select the correct answer by using the code mentioned below.

Correct option is A

The correct answer is: (a) Both 1 and 2
Explanation:
· The Ministry of Finance has indeed approved ₹9,879.61 crore worth of capital expenditure proposals from 27 states under the scheme
· All states except Tamil Nadu have availed benefits under the “Special Assistance to States for Capital Expenditure” scheme
Information Booster:
· Launched as part of the Aatmanirbhar Bharat package in October 2020.
· Provides 50-year interest-free loans to states solely for capital expenditure related projects
· Funds cover diverse sectors: health, rural development, irrigation, urban infrastructure, transport, education, etc.
· First installment released was ₹4,939.81 crore out of the approved ₹9,879.61 crore
· Scheme divided into three parts: for NE region, other states, and a component tied to reform-linked conditional borrowing