Consider the following statements from Union Budget 2023-24:
1. Union Government offered ₹1.3 lakh crore loans to states for capital expenditure
2. It is a 50-year interest-free loan offer for States
3. The loans on offer can be completely used by States on projects they prefer.
Which of the above statements are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3