Govt Releases Rs 6,195 Crore To 14 States As Eighth Instalment Of Revenue Deficit Grant

The Ministry of Finance on Tuesday (10 November) released Rs 6,195.08 crore to 14 states as the eighth equated monthly installment of the Post Devolution Revenue Deficit Grant.

The 14 states are Andhra Pradesh, Assam, Himachal Pradesh (HP), Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal.

According to the report, the latest instalment of the revenue deficit grant comes after the government released Rs 6,000 crore to 16 states and union territories as part of the second tranche of the special window for goods and services tax (GST) compensation shortfall.