Quick Summary
Revenue Deficit Grant of Rs. 7,183.42 crore released to 14 States Total Revenue Deficit Grant released to States so far in current financial year has gone up to Rs. 35,917.08 crore States will get a total Revenue Deficit Grant of Rs. 86,201 crore in 2022-23 The Department of Expenditure, Ministry of Finance has on Wednesday released the 5th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 7,183.42 crore to 14 States. The grant has been released as per the re
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 011-411-70713
FAQ :
States will receive a total Revenue Deficit Grant of Rs. 86,201 crore in the financial year 2022-23.
The fifth monthly instalment of the Post Devolution Revenue Deficit Grant, amounting to Rs. 7,183.42 crore, was released.
A total of 14 states are receiving the Post Devolution Revenue Deficit Grant.
The grants are released as per the recommendations of the Fifteenth Finance Commission.
The recommended grant is released to the states in 12 equated monthly instalments.
The states are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand, and West Bengal.
CAclubindia
