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Central transfers of funds for development of states

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..... Central transfers of funds for development of states - News and Press Release Dated:- 19-7-2021 - News - The Union Government provides funds to the State Governments under the Centrally Sponsored Schemes (CSS), Central Sector Schemes (CS), Finance Commission grants (FC grants) and Other Grants /Loans/Transfers as per the guidelines of the respective Scheme within the availability of Gross Budget .....

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..... ary Support with the Union Government. This was stated by Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in the Lok Sabha today. The Minister gave details of central transfers to States as per the Union Budget 2020-21(RE) and 2021-22 (BE) as under:- (Rs in crore) S. No. Nature of Central Transfers to States .....

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..... 2020-21 (RE) 2021-22 (BE) Total Transfers excluding Tax Devolution 713014.40 674253.42 Of which Centrally Sponsored Schemes 315238.00 .....

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..... 318857.20 Central Sector Schemes 42374.08 43016.21 Finance Commission Transfers 182352.43 220843.00 The concerned State Governments and Central Ministries/Departments review and monitor implementation of the schemes as .....

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..... per the scheme/programme specific guidelines to ensure effective utilization of funds including expenditure incurred, the Minister said. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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