Post Devaluation Revenue Deficit Grant of Rs 9,871 Crore to 17 States


The Ministry of Finance has informed that it has released 2nd monthly instalment of Post-Devolution Revenue Deficit(PDRD) Grant of Rs 9,871 crore for the year of 2021-22 to 17 states.

With this, a total of Rs 19,742 crore has been released in the first two months of current financial year.

However, a total of Rs 1,18,452 crore PDRD Grant has been recommended by the15th FinanceCommission in the Financial Year 2020-21.

Further, the grant has to be released to 17 states in 12 monthly instalments.

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