9911796707
TMI BlogRevenue Deficit Grant of 9,871 crore released to 17 StatesX X X X Extracts X X X X X X X X Extracts X X X X ..... Revenue Deficit Grant of 9,871 crore released to 17 States X X X X Extracts X X X X X X X X Extracts X X X X ..... eficit (PDRD) Grant of ₹ 9,871 crore to the States on 9th August, 2021. With the release of this installment, a total amount of Rs. 49,355 crore has been released to eligible States as Post Devolution Revenue Deficit Grant (PDRD) in the current financial year. State-wise details of the grant released this month and total amount of PDRD Grant released to the States in 2021-22 is annexed. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Post Devolution Revenue Deficit Grant is provided to the States under Article 275 of the Constitution. The grants are released as per the recommendations of the Fifteenth Finance Commission in monthly installments to meet the gap in Revenue Accounts of the States post devolution. The Commission has recommended PDRD grants to 17 States during 2021-22. The eligibility of States to receive this gr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ant and the quantum of grant was decided by the Commission based on the gap between assessment of revenue and expenditure of the State after taking into account the assessed devolution for the financial year 2021-22. The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of ₹ 1,18,452 crore to 17 States in the financial year 2021-22. Out of this, an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amount of Rs. 49,355 crore (41.67%) has been released so far. The States recommended for PDRD Grant by the Fifteenth Finance Commission are : Andhra Pradesh, Assam, Haryana, Himachal Pradesh, Karnataka, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal. State-wise Post Devolution Revenue Deficit Grants Released S.No. Nam ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of State Amount released in July 2021 (5th installment) (Rs. in crore) Total amount released during 2021-22 (Rs. in crore) 1 Andhra Pradesh 1438.08 7190.42 2 Assam 531.33 2656.67 3 Haryana 11.00 55.00 4 Himachal Pradesh 854.08 4270.42 5 Karnataka 135.92 679.58 6 Kerala 1657.58 8287.92 7 Manipur 210.33 1051.67 8 Meghalaya 106.58 532.92 9 Mizoram 14 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9.17
745.83
10
Nagaland
379.75
1898.75
11
Punjab
840.08
4200.42
12
Rajasthan
823.17
4115.83
13
Sikkim
56.50
282.50
14
Tamil Nadu
183.67
918.33
15
Tripura
378.83
1894.17
16
Uttarakhand
647.67
3238.33
17
West Bengal
1467.25
7336.25
18
Total
9,871.00
49,355.00 X X X X Extracts X X X X X X X X Extracts X X X X
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