Govt releases Rs 6,195 cr to 14 states as fifth equated monthly instalment under 15th Finance Commission recommendation

Government has released six thousand 195 crore rupees to 14 states as the fifth equated monthly instalment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission.

These states are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Tamil Nadu, Tripura, Uttrakhand, West Bengal and Sikkim.

In a tweet, Finance Minister Nirmala Sitharaman said, this will provide them additional resources during the Corona crisis.