TMI BlogRevenue Deficit Grant of ₹ 6,195 crore released to 14 StatesX X X X Extracts X X X X X X X X Extracts X X X X ..... Revenue Deficit Grant of ₹ 6,195 crore released to 14 States - News and Press Release Dated:- 5-2-2021 - News - Revenue Deficit Grant of ₹ 6,195 crore released to 14 States. Total Revenue Deficit Grant of ₹ 68,145.91 crore released to States in the current financial year The Department of Expenditure, Ministry of Finance has released monthly Post Devolution Revenue Defi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cit (PDRD) Grant of ₹ 6,195.08 crore to the States. This was the 11 th instalment of the PDRD grant released to the States. So far, an amount of ₹ 68,145.91 crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year. State-wise details of the grant released this month and total amount of Post Devolution Revenue Deficit Grant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... released to the States in 2020-21 is annexed. The Post Devolution Revenue Deficit Grants are provided to the States under Article 275 of the Constitution. The grants are released in monthly instalments as per the recommendations of the Fifteenth Finance Commission to meet the gap in Revenue Accounts of the States post devolution. The Commission has recommended PDRD grants to 14 States. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eligibility of States to receive this grant and the quantum of grant was decided by the Commission based on the gap between assessment of revenue and expenditure of the State after taking into account the assessed devolution for the financial year 2020-21. The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of ₹ 74,341 crore to 14 States in the fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nancial year 2020-21. Out of this, an amount of ₹ 68,145.91 crore (91.66%) has been released so far. The States that have been recommended Post Devolution Revenue Deficit Grant by the Fifteenth Finance Commission are: Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal. State-wise Po ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st Devolution Revenue Deficit Grants Released (Rs. In crore) S.No. Name of State Amount released in February 2021 (11 th instalment) Total amount released in 2020-21 Andhra Pradesh 491.42 5405.59 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Assam 631.58 6947.41 Himachal Pradesh 952.58 10478.41 Kerala 1276.92 14046.09 Manipur 235.33 2588.66 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Meghalaya 40.92 450.09 Mizoram 118.50 1303.50 Nagaland 326.42 3590.59 Punjab 638.25 7020.75 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sikkim 37.33 410.66 Tamil Nadu 335.42 3689.59 Tripura 269.67 2966.34 Uttarakhand 423.00 4653.00 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... West Bengal 417.75 4595.25 Total 6195.08 68145.91 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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