Income deficit grant of Rs 7,183 crore launched to 14 states

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The Centre on Friday launched the second month-to-month installment of publish devolution income deficit (PDRD) grant of Rs 7,183 crore to 14 states, as per the suggestions of the Fifteenth Finance Fee.

The Fee has beneficial a complete PDRD grant of Rs 86,201 crore to those states for FY23. The beneficial grant can be launched by the division of expenditure to the beneficial states in 12 equated month-to-month instalments. With this launch, the overall quantity of income deficit grants launched to the states in FY23 has gone as much as Rs 14,367 crore.

The states which have been beneficial PDRD grant by the Fee throughout FY23 are: Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal.

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Lexie Ayers
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