"The Department of Expenditure, Ministry of Finance has on Thursday released the 7th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states," the ministry said.
The Fifteenth Finance Commission had recommended a total post devolution revenue deficit grant of ₹86,201 crores to 14 States for the financial year 2022-23.
New Delhi: The central government on Tuesday released Rs 7,183.42 crore as revenue deficit grant to 14 states including Andhra Pradesh, Kerala, Assam, Rajasthan and West Bengal. This is the 6th monthly instalment of the Post Devolution Revenue Deficit (PDRD) Grant to 14 states. The grant has been released as per the recommendations of the Fifteenth Finance Commission, the
Uniindia: Patna, June 30 (UNI) Bihar recorded a Fiscal Deficit of Rs 29,827 crore during 2020-21, which had increased by Rs 15,103 crore over the previous year.