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Finance Ministry releases Rs 7,183 cr revenue deficit grant to 14 states : Rashtra News #Finance #Ministry #releases #revenue #deficit #grant #states The Finance Ministry on Friday said it has released the first instalment of revenue deficit grant of Rs 7,183 crore to 14 states. The grant has been released as per the recommendations of
States will get a total Revenue Deficit Grant of Rs86, 201 crore in 2022-23.
The Department of Expenditure under the Union Finance Ministry has so far released a total Revenue Deficit Grant to states in current financial year of Rs. 57,467.33 crore.
The Department of Expenditure, Ministry of Finance today released the 8th monthly instalment of the Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 States.
Under Article 275 of the Constitution, the Post Devolution Revenue Deficit Grants are made available to the States.