FinMin releases Rs 6,195 cr to 14 states
PTI, May 12, 2020, 8:25 AM IST
New Delhi: The Finance Ministry on Monday released Rs 6,195 crore revenue deficit grant to 14 states to enhance their resources during the COVID-19 crisis.
“The government on May 11, 2020, released Rs 6,195.08 crore to 14 states as the second equated monthly installment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission. This would provide them additional resources during the Corona crisis,” the Office of Finance Minister Nirmala Sitharaman said in a tweet.
The grant released includes Rs 1,276.91 crore to Kerala, Rs 638 crore to Punjab, and Rs 417.75 crore to West Bengal.
Earlier on April 3, the ministry had released Rs 6,195 crore as the first installment of the ‘Post Devolution Revenue Deficit Grant’ to 14 states Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand & West Bengal.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Kerala Election 2021: 194 Candidates Battle for Votes from 2.75 Crore Voters
Accused in firing on police arrested in Delhi’s Rohini
Rahul Gandhi concludes Maharashtra visit, departs for Delhi
UP’s 8 constituencies to witness 3-cornered fight in 2nd phase of LS polls on Friday
Dangerous to say private property can’ t be taken over to subserve common good: SC
MUST WATCH
Latest Additions
NCBC seeks clarification from Karnataka chief secretary on reservation policy for Muslims
Kerala Election 2021: 194 Candidates Battle for Votes from 2.75 Crore Voters
Accused in firing on police arrested in Delhi’s Rohini
Rahul Gandhi concludes Maharashtra visit, departs for Delhi
UP’s 8 constituencies to witness 3-cornered fight in 2nd phase of LS polls on Friday