June 6, 2022 8:14 PM

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Centre releases third monthly installment of Post Devolution Revenue Deficit Grant of over seven thousand 183 crore rupees to 14 States

<span style="color: #222222;">Union Finance Ministry today released the third monthly installment of the Post Devolution Revenue Deficit (PDRD) grant of over 7 thousand 183 crore rupees to 14 States. Over 21 thousand 550 crore rupees' grants have been released to the States so far.<br />''<br />''The grant has been released as per the recommendations of the Fifteenth Finance Commission.  The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of 86 thousand 201 crore rupees to 14 States for this financial year.<br />''<br />''The States which have been recommended for Post Devolution Revenue Deficit Grant during this fiscal year include Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal.</span><br />

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