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The Hindu
The Hindu
National
PTI

Finance Ministry releases ₹7,183 crore grant to 14 States

Finance Ministry Deficit Finance Commission

The Finance Ministry on Thursday released the monthly instalment of revenue deficit grant of ₹7,183 crore to 14 States. 

With the release of seventh instalment for the month of October, 2022, the total amount of Revenue Deficit Grants released to the States in current fiscal has gone up to ₹50,282.92 crore, an official statement said.

The Post Devolution Revenue Deficit Grant is released based on the recommendation of the 15th Finance Commission to 14 States — Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal.

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