Ministry of Finance releases Rs. 45,000 crore as additional devolution to States in FY 2020-21

Last updated: 01 April 2021


The Ministry of Finance, Government of India, released ₹45,000 crore as additional devolution to States in FY 2020-21. This is an increase of 8.2% over RE 2020-21. As per RE 2020-21, ₹5,49,959 crore, being 41% of the shareable pool of taxes and duties were estimated to be released to the States. How

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