Quick Summary
Total Revenue Deficit Grant of Rs. 74,340 crore released to States in the current financial year The Department of Expenditure, Ministry of Finance released today the 12thand final monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs.6,194.09crore to the States. With the release of this installment, a total amount of Rs.74,340crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year. State-wise details of the grant
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
A total of £74,340 crore has been released to eligible states as Post Devolution Revenue Deficit Grant in the current financial year.
The 12th and final monthly instalment of the Post Devolution Revenue Deficit Grant released was £6,194.09 crore.
These grants are provided to the States under Article 275 of the Constitution.
The grants are released as per the recommendations of the Fifteenth Finance Commission.
The Fifteenth Finance Commission recommended Post Devolution Revenue Deficit Grants to 14 states.
The states recommended for the grant are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand, and West Bengal.
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