Ministry of Finance has released monthly Post Devolution Revenue Deficit (PDRD) Grant of Rs 6,195.08 crore to the States. It is the 11th instalment of the PDRD grant released to the States.
The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs 74,341 crore to 14 States in the financial year 2020-21. Out of this, an amount of Rs 68,145.91 crore (91.66%) has been released so far.
The States that have been recommended PDRD 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.
Click here for official press releases:
RBI Projects GDP Growth at 10.5 Percent for FY 21-22