Centre releases Rs 45,000 crore as additional devolution to states
Centre releases Rs 45,000 crore as additional devolution to states ANI | Updated: Apr 01, 2021 17:10 IST New Delhi [India], Apr 1 (ANI): The Finance Ministry on Thursday said it has released Rs 45,000 crore as additional devolution to states in FY 2020-21, marking an increase of 8.2 per cent over revised estimates of 2020-21. As per RE 2020-21, Rs 549,959 lakh crore being 41 per cent of the shareable pool of taxes and duties were estimated to be released to states. However, the Ministry of Finance devolved an amount of Rs 594,996 crore based on initial es...
Source: aninews.in