States have been pressing for waiver of GST on critical items such as vaccines.
Amid a growing chorus over the GST Council meeting not being convened for over seven months, the Union Finance Ministry on Saturday announced that the next meeting of the panel that decides on taxes on goods and services will be held on May 28. After over a dozen central and state levies such as excise duty, service tax and VAT were subsumed in a nationwide Goods and Services Tax (GST) in 2017, the Council, headed by Union Finance Minister and including representatives of all states and union territories, was mandated to meet every quarter to deliberate on issues at hand.
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Factually incorrect to state that there is no provision for expenditure on COVID-19 vaccination by Centre: Finance Ministry ANI | Updated: May 10, 2021 16:47 IST
New Delhi [India], May 10 (ANI): The Union Finance Ministry on Monday clarified that it is factually incorrect to state that there is no provision for expenditure on COVID-19 vaccination by the Central Government.
This is with reference to the media report entitled The reality of Modi Government s vaccine funding: Rs. 35,000 crore for States, zero for Centre. It is factually incorrect to state that there is no provision for expenditure on COVID-19 vaccination by the Central Government , stated an official release by the ministry.
Only a few states have imposed complete lockdowns At least 26 states/UTs currently have COVID-19 restrictions in place, with nearly 98% of India s population under some form of lockdown, according to
Definition
What is the Global Stringency Index? Developed by the Blavatnik School of Government, University of Oxford, the index on any given day is calculated as the average score of nine parameters, each taking a value between 0 and 100. These include school closures; workplace closures; cancellation of public events; restrictions on public gatherings; closures of public transport; stay-at-home requirements; public information campaigns; restrictions on internal movements; and international travel controls.
Assessment
Revenue Deficit Grant of Rs 9,871 crore to 17 States
The Union Finance Ministry on Thursday released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the year 2021-22
| 7 May 2021 4:53 AM GMT
NEW DELHI: The Union Finance Ministry on Thursday released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the year 2021-22 to 17 states. With the release of 2nd installment, a total amount of Rs 19,742 crore has been released in the first two months of the current financial year as PDRD grant to the states. The Centre provides the grant to the states under Article 275 of the Constitution. The grants are released as per the recommendations of the Finance Commission in monthly installments to meet the gap in revenue accounts of the states post devolution. The 15th Finance Commission has recommended
Revenue Deficit Grant of Rs 9,871 cr released to 17 States
By IANS |
Published on
Thu, May 6 2021 19:48 IST |
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Finance Ministry. (File Photo: IANS). Image Source: IANS News
New Delhi, May 6 : The Union Finance Ministry on Thursday released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the year 2021-22 to 17 states.
With the release of 2nd installment, a total amount of Rs 19,742 crore has been released in the first two months of the current financial year as PDRD grant to the states.
The Centre provides the grant to the states under Article 275 of the Constitution. The grants are released as per the recommendations of the Finance Commission in monthly installments to meet the gap in revenue accounts of the states post devolution. The 15th Finance Commission has recommended PDRD grants to 17 states.