Earlier, on April 3 and May 11, the ministry released a similar amount as the first and second installment 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.
The Finance Ministry on June 10 released the third monthly installment of Rs 6,195 crore to 14 states as of 'Post Devolution Revenue Deficit Grant' to provide additional resources during COVID-19 crisis.
"The government on June 10, 2020, released Rs 6,195.08 crore to 14 states as the third equated-monthly installment 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.The government on June 10, 2020 released Rs 6,195.08 crore to 14 states as the third equated monthly installment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission. This would provide them additional resources during the Corona crisis. pic.twitter.com/1x8LKh820E
— NSitharamanOffice (@nsitharamanoffc) June 10, 2020
Earlier, on April 3 and May 11, the ministry released a similar amount as the first and second installment 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.
