COVID-19 second wave: Centre releases Rs 8,923.9 cr to panchayats in 25 states
The grants may be used by the Rural Local Bodies (RLBs), among other things, for various prevention and mitigation measures needed to combat the COVID-19 pandemic
BusinessToday.In | May 9, 2021 | Updated 13:30 IST
The amount released by the ministry on Saturday is the first instalment of the United Grants for the year 2021-22
The Finance Ministry on Saturday, May 8 released Rs 8,923.8 crore in advance to panchayats in 25 states in the wake of the surging COVID-19 wave across the country. The grants are meant for all the three tiers of Panchayati Raj Institutions that are - district, block and village, the ministry said in a release.
The Finance ministry has released an amount of Rs 8,923.8 crore to 25 States as grants to the Rural Local Bodies (RLBs).The grants are meant for all the three tiers of Panchayati Raj Institutions - village, block and district.The amount .
May 09, 2021
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The grants of Rs 8923.8 crore are meant for all the three tiers of Panchayati Raj Institutions
The Finance Ministry on Sunday has released an amount of over Rs 8900 crore as grants to panchayats a month in advance. This will be distributed among 25 States.
As per the recommendations of the 15th Finance Commission, the first instalment of untied grants was to scheduled to be released to the States in the month of June. However, in view of the ongoing Covid-19 pandemic situation and at the recommendation of the Ministry of Panchayati Raj, the Finance Ministry has decided to release the grant this month.
COVID-19 pandemic: Centre releases Rs 8923.8 cr to Panchayats in 25 states
New Delhi, May 9 (UNI) The Department of Expenditure, Ministry of Finance, has released an amount of Rs 8,923.8 crore to 25 states for providing grants to the Rural Local Bodies (RLBs) in advance, in view of the COVID-19 pandemic.
The grants are meant for all the three tiers of Panchayati Raj Institutions – village, block, and district, the Ministry of Finance said in a statement here on Sunday.
The amount released on Saturday is the first installment of the Untied Grants for the year 2021-22.
It may be utilized by the RLBs, among other things, for various prevention and mitigation measures needed to combat the COVID-19 pandemic. Thus, it will augment resources to the three tiers of Panchayats for fighting the contagion.
COVID-19 management: Centre releases Rs 8,923 cr to 25 states as grants for rural local bodies
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COVID-19 management: Centre releases Rs 8,923 cr to 25 states as grants for rural local bodiesPTI
Last Updated: May 09, 2021, 01:47 PM IST
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The grants are meant for all the three tiers of Panchayati Raj Institutions - village, block and district, an official statement said.
Reuters
As per the recommendations of the 15th Finance Commission, the 1st instalment of grants was to be released to the states in the month of June 2021.
The finance ministry on Sunday said it has released Rs 8,923 crore to 25 states for providing grants to the rural local bodies for various prevention and mitigation measures needed to combat the COVID-19 pandemic. The Department of Expenditure, Ministry of Finance, on Saturday released an amount of Rs 8,923.8 crore to 25 states for providing grants to the rural local bodies (RLBs).