New Delhi: The central government on Tuesday released Rs 7,183.42 crore as revenue deficit grant to 14 states including Andhra Pradesh, Kerala, Assam, Rajasthan and West Bengal. This is the 6th monthly instalment of the Post Devolution Revenue Deficit (PDRD) Grant to 14 states. The grant has been released as per the recommendations of the Fifteenth Finance Commission, the
Dimapur, Sep. 6 (EMN): The department of Expenditure, Ministry of Finance on Tuesday released INR 377.50 crore for Nagaland, as part of the 6th monthly instalment of Post Devolution Revenue Deficit (PDRD) grant. This instalment has taken the total amount released to the state during 2022-23 to INR 2265 crore. The PDRD grant recommended by the 15th Finance Commission for Nagaland is INR 4,530 crore. The Finance ministry on Tuesday released the 6th monthly installment of revenue deficit grant of INR 7,183.42 crore to 14 states for the current fiscal, while the 15th Finance Commission has recommended a total of INR 86,201 crore PDRD grant to the 14 states for the financial year 2022-23. The grant is released by the department of Expenditure to the recommended states in 12 equated monthly installments and with the release of the sixth installment for the month of September, the total amount of revenue deficit grants released to the 14 states in 2022-23 has gone up to INR 43,100.50 crore. T
The recommended grant is released by the department of expenditure to the recommended states in 12 equated monthly installments, it said, , central government, Post Devolution Revenue Deficit Grant
The Centre has released the fifth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 7,183.42 crore to 14 states including Andhra Pradesh, Kerala, Rajasthan, Punjab and West Bengal, the Union Ministry of Finance said on Wednesday.
The 15th Finance Commission has recommended a total PDRD grant of Rs 86,201 crore to 14 states for the financial year 2022-23. The grant is released in 12 equated monthly instalments.