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FinMin releases revenue deficit grant of Rs 7,183 cr to 14 states

by Euro Times
June 7, 2022
in Business
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The finance ministry on Monday launched the third month-to-month instalment of income deficit grant of Rs 7,183 crore to 14 states.


The Fifteenth Finance Fee has advisable a complete Submit Devolution Income Deficit Grant of Rs 86,201 crore to 14 states for the monetary yr 2022-23. That is to be launched in 12 equated month-to-month instalments.


The states receiving this grant are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal.


“The Division of Expenditure has on Monday launched the third month-to-month instalment of Submit Devolution Income Deficit (PDRD) Grant of Rs.7,183.42 crore to 14 States,” the ministry mentioned in a press release.


With the discharge of the third instalment for the month of June 2022, the overall quantity of income deficit grants launched to the states in 2022-23 stands at Rs 21,550.25 crore.

(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)

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