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Finance Ministry releases third instalment of revenue deficit grant of Rs 9,871 cr to 17 states
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Finance Ministry releases third instalment of revenue deficit grant of Rs 9,871 cr to 17 statesPTI
Last Updated: Jun 09, 2021, 05:44 PM IST
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Synopsis
With the release of this instalment, total Rs 29,613 crore has been released in the first three months of the current financial year as Post Devolution Revenue Deficit Grant to states.
Agencies
The 15th Finance Commission has recommended total PDRD grant of Rs 1,18,452 crore to 17 states in 2021-22. The grant is released to states in 12 monthly instalments.
The Finance Ministry on Wednesday said it has released third monthly instalment of revenue deficit grant of Rs 9,871 crore to 17 states.