Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Grant of 2427 crore released to States for Urban Local Bodies

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Grant of 2427 crore released to States for Urban Local Bodies
News and Press Release
Dated:- 17-9-2021

Grant of ₹ 2427 crore released to States for Urban Local Bodies Total grant of ₹ 4943.73 crore has been released to Urban Local bodies so far in 2021-22 The Department of Expenditure, Ministry of Finance today released an amount of ₹ 2427 crore to 11 States for t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Urban Local Bodies. The amount released is the 1st instalment of tied grants for the year 2021-22. These grants have been provided for the Non-Million Plus cities (NMPCs) including Cantonment Boards. The 15th Finance Commission in its report for the period from 2021-22 to 2025-26 has divided the Urban Local Bodies into two categories: (a) Million-Plus urban agglomerations/cities (excluding De .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lhi and Srinagar), and (b) all other cities and towns with less than one million population(Non-Million Plus cities) and has recommended separate grants for them. Out of the total grants recommended by the Commission for Non-Million Plus cities, 40% is basic (untied) grant and the remaining 60% is as tied grant. Basic grants(untied) can be utilised for location specific felt needs except for payme .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt of salary and incurring other establishment expenditure. On the other hand, tied grants for the Non-Million Plus cities are released for supporting and strengthening the delivery of basic services out of which 50% is earmarked for 'Sanitation Solid Waste Management and attainment of star ratings as developed by the Ministry of Housing & Urban Affairs (MOH&UA) and the remaining 50% is tied to ' .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Drinking water, rainwater harvesting and water recycling'. The tied grants are meant to ensure availability of additional funds to urban local bodies over and above the funds allocated by the Centre and the State for sanitation and drinking water under various Centrally Sponsored Schemes and provide quality services to citizens. The States are required to transfer the grants to the ULBs within 1 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0 working days of receipt from the Union Government. Any delay beyond 10 working days requires the State Governments to release the grants with interest. State-wise amount of 1st installment of Tied Grant for Non-Million Plus cities released on 16-09-2021 are given below; Sl. No. Name of State Tied Grant for NMPCs released on 16-09-2021 (Rs. in crore) 1 Haryana 116.10 2 Jharkhand 11 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2.20 3 Karnataka 225.00 4 Madhya Pradesh 299.40 5 Maharashtra 276.60 6 Mizoram 10.20 7 Odisha 246.60 8 Punjab 111.00 9 Tamil Nadu 267.90 10 Tripura 21.00 11 Uttar Pradesh 741.00 x x 2427.00
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates