As per the guidelines issued by the finance ministry, states cannot renege on power purchase contracts, cannot have unpaid subsidies to discoms, will have to reduce operational and financial losses, and will have to reduce industrial tariffs.
Government Gives Revenue Deficit Grant To 17 States For 2021-22
Government Gives Revenue Deficit Grant To 17 States For 2021-22 A total of Rs 1,18,452 crore in terms of grant has been suggested by the 15th Finance Commission for 2021-22, to 17 states. Centre has released the revenue deficit grant to states for 2021-22
The Centre has released the third monthly instalment of post devolution revenue deficit grant of Rs 9,871 crore to 17 states. The grant is for the current fiscal, i.e. 2021-22.
The Department of Expenditure of the Ministry of Finance disburses this amount to states, and with the release of the third instalment, Rs 29,613 crore in total have been released in the first three months of 2021-22.
June 01, 2021
Tamil Nadu Finance Minister PTR Palanivel Thiaga Rajan - The Hindu×
Palanivel Thiaga Rajan says whether in opposition or in power, DMK’s stance is the same because ‘óur constant principles drive our views’
DMK’s views on devolution of funds is guided by the principles of equity, efficiency and transparency. “It stays the same in Opposition or as the Government, because our constant principles drive our views,’ said Tamil Nadu Finance Minister PTR Palanivel Thiaga Rajan . In a tweet, he also shared excerpts from a statement made on behalf of the party to 15th Finance Commission in 2018.
“For now, I leave you with some excerpts from my statement on behalf of the DMK to the 15th Finance Commission in 2018. Our views stay the same in Opposition or as the Government, because our constant principles drive our views,” he said in the tweet.
The government in a statement stated Union Government led by Prime Minister Narendra Modi has been giving top priority for the development of North-Eastern region of the country. The commitment of the Prime Minister to realize the full potential of the North-East and to accelerate its development is well known. During financial year 2021-22, Rs. 9,262 crore has been allocated as Central grant for NE States under Jal Jeevan Mission.
In 2014, rural India pledged to eradicate open defecation by October 2019, a pledge it redeemed in earnest. Crores utilised 11 crore toilets constructed in record time. The Swachh Bharat Mission (SBM) became the largest behavioural change programme in the world, riding on community engagement and ground-level communication. Resistance to Covid-19 in the hinterland needs a recall of the SBM experience.