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Grant of ₹ 2427 crore released to States for Urban Local Bodies

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..... Grant of ₹ 2427 crore released to States for Urban Local Bodies - News and Press Release Dated:- 17-9-2021 - News - Grant of ₹ 2427 crore released to States for Urban Local Bodies Total grant of ₹ 4943.73 crore has been released to Urban Local bodies so far in 2021-22 The Department of Expenditure, Ministry of Finance today released an amount of ₹ 2427 crore to 11 .....

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..... States for the Urban Local Bodies. The amount released is the 1st instalment of tied grants for the year 2021-22. These grants have been provided for the Non-Million Plus cities (NMPCs) including Cantonment Boards. The 15th Finance Commission in its report for the period from 2021-22 to 2025-26 has divided the Urban Local Bodies into two categories: (a) Million-Plus urban agglomerations/ci .....

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..... ties (excluding Delhi and Srinagar), and (b) all other cities and towns with less than one million population(Non-Million Plus cities) and has recommended separate grants for them. Out of the total grants recommended by the Commission for Non-Million Plus cities, 40% is basic (untied) grant and the remaining 60% is as tied grant. Basic grants(untied) can be utilised for location specific felt ne .....

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..... eds except for payment of salary and incurring other establishment expenditure. On the other hand, tied grants for the Non-Million Plus cities are released for supporting and strengthening the delivery of basic services out of which 50% is earmarked for Sanitation Solid Waste Management and attainment of star ratings as developed by the Ministry of Housing Urban Affairs (MOH UA) and the rema .....

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..... ining 50% is tied to Drinking water, rainwater harvesting and water recycling . The tied grants are meant to ensure availability of additional funds to urban local bodies over and above the funds allocated by the Centre and the State for sanitation and drinking water under various Centrally Sponsored Schemes and provide quality services to citizens. The States are required to transfer the g .....

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..... rants to the ULBs within 10 working days of receipt from the Union Government. Any delay beyond 10 working days requires the State Governments to release the grants with interest. State-wise amount of 1st installment of Tied Grant for Non-Million Plus cities released on 16-09-2021 are given below; Sl. No. Name of State Tied Grant for NMPC .....

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..... s released on 16-09-2021 (Rs. in crore) 1 Haryana 116.10 2 Jharkhand 112.20 3 Karnataka 225.00 4 Madhya Pradesh 299.40 5 Maharashtra .....

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..... 276.60 6 Mizoram 10.20 7 Odisha 246.60 8 Punjab 111.00 9 Tamil Nadu 267.90 10 Tripura 21.00 11 .....

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..... Uttar Pradesh 741.00 x x 2427.00 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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