Centre Releases Rs 1.09 Lakh Cr to States Ahead of Festive Season
November instalment advanced to November 5 to help states fund development, welfare programmes and capital expenditure.
- Centre releases ₹1,09,019 crore to states on November 5.
- November 10 instalment advanced by five days.
- Uttar Pradesh receives the highest allocation of ₹19,208 crore.
- Funds intended to support capital spending and welfare expenditure.
GG News Bureau
New Delhi, 5th Nov: The Centre has released tax devolution worth ₹1,09,019 crore to state governments ahead of the festive season, advancing the regular monthly instalment by five days to help states accelerate capital expenditure and meet development and welfare-related spending requirements.
The instalment, which was originally scheduled for November 10, was released on November 5, according to the Union Government. The early transfer is intended to provide states with additional funds during the festive period and support their expenditure plans.
Uttar Pradesh received the largest share at ₹19,208 crore, followed by Bihar with ₹10,845 crore and Madhya Pradesh with ₹8,010 crore. West Bengal was allocated ₹7,866 crore, while Maharashtra received ₹7,022 crore.
Rajasthan received ₹6,460 crore, while Odisha was allocated ₹4,819 crore. Andhra Pradesh received ₹4,597 crore, Karnataka ₹4,504 crore and Tamil Nadu ₹4,466 crore.
Among other states, Gujarat received ₹4,094 crore, Jharkhand ₹3,660 crore, Chhattisgarh ₹3,602 crore and Assam ₹3,552 crore. Kerala, referred to as Keralam in the allocation list, received ₹2,597 crore, while Telangana was allocated ₹2,370 crore and Punjab ₹2,176 crore.
The allocations to the remaining states include Haryana at ₹1,484 crore, Arunachal Pradesh at ₹1,476 crore, Uttarakhand at ₹1,244 crore and Himachal Pradesh at ₹996 crore.
The northeastern states received allocations of ₹699 crore for Tripura, ₹688 crore for Meghalaya, ₹682 crore for Manipur, ₹615 crore for Mizoram and ₹524 crore for Nagaland. Goa received ₹398 crore, while Sikkim was allocated ₹365 crore.
The advance release is aimed at giving state governments greater financial flexibility to maintain spending on infrastructure, public services and welfare programmes during the festive period.
