New Delhi: The government on Wednesday released Rs 6,195 crore to 14 states as a monthly instalment of the post-devolution revenue deficit grant.
"The government on June 10, 2020, released Rs 6,195.08 crore to 14 states as the third equated-monthly instalment of the post-devolution revenue deficit grant as recommended by the 15th Finance Commission. This would provide them additional resources during the corona crisis," the Office of Finance Minister Nirmala Sitharaman said in a tweet.
Earlier, on April 3 and May 11, the ministry released a similar amount as the first and second instalment of the post-devolution revenue deficit grant to 14 states - Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal.
