Revenue Deficit Grant (RDG) of Rs. 7,183.42 crore released to 14 States
www.pib.gov.in
The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs. 86,201 crore to 14 States for the financial year 2022-23 The recommended grant is released by the Department of Expenditure to the recommended States in 12 equated monthly instalments The Post Devol
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- The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs. 86,201 crore to 14 States for the financial year 2022-23
- The recommended grant is released by the Department of Expenditure to the recommended States in 12 equated monthly instalments
- The Post Devolution Revenue Deficit Grants are provided to the States under Article 275 of the Constitution. The grants are released to the States as per the recommendations of the successive Finance Commissions to meet the gap in Revenue Accounts of the States post devolution
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