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Total transfer of funds to States is estimated to be at ₹ 8.36 lakh crore during 2015-16 (B.E.)as against ₹ 6.77 lakh crore during 2014-15 (RE) and ₹ 6.36 lakh crore during 2013-14;. ₹ 1,72,594 crore already allocated to States till January 2016 as part of Central share towards State plan/ Centrally Sponsored Schemes(CSS) under different sectors and programmes ; ₹ 4,11,681.66 crore (78.56%) released to the States by way of tax devolution

News and Press Release - Dated:- 22-2-2016 - The Union Government accepted the recommendations of the Fourteenth Finance Commission (FFC) under which there was a phenomenal increase in the tax devolution to the States due to increase of share in the .....

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h crore in 2014-15(RE). So far, ₹ 411681.66 crore (78.56%) has been released to the States by way of tax devolution and as per convention, three more installments will be released in March 2015 based on the tax collections till then. Apart from .....

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during 2015-16, ₹ 44,829.62 crore (91.66 %) has been released so far in eleven installments. Similarly, local bodies grants are estimated to be at ₹ 29987 crore in the year 2015-16 as against ₹ 22,399 crore released in 2014-15. In .....

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%) has been released to the states. Apart from the release under SDRF, to meet the requirements of increase in expenditure for relief due to natural calamities in the current year, the Central Government has released ₹ 8672.47 crore under NDRF .....

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