According to the State Bank of India's Ecowrap report, the Special Assistance to States for Capital Investment (SASCI) scheme has successfully raised state capital expenditure to 2.7% of gross domestic product (GDP) for the fiscal year 2024-25, compared to 2.2% in 2021-22. This increase reflects the scheme's effectiveness in supporting states' capital investment goals. However, the report highlights significant disparities in the utilization of central capital expenditure loans across states. Madhya Pradesh, Maharashtra, and Rajasthan are noted as the top performers, with utilization rates of 94.3%, 95.0%, and 93.4%, respectively. In contrast, Kerala and Telangana lag with rates of only 69.7% and 57.5%. The report attributes these differences to binding fiscal constraints and structural disparities among states, indicating that states with higher debt-to-gross state domestic product (GSDP) ratios tend to absorb SASCI funds less effectively. Furthermore, older states generally show lower utilization compared to their intermediate and youthful counterparts.