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For Post Devolution Revenue Deficit Grant, Nagaland has received Rs 326.41 crore

For Post Devolution Revenue Deficit Grant, Nagaland has received Rs 326.41 crore

Nagaland has gotten Rs 326.41 crore from Center as the 6th equated monthly instalment payment of the Post Devolution Revenue Deficit Grant on September 10 as suggested by the fifteenth Finance Commission. The state's offer was important for the Rs 6,195.08 crore delivered to 14 states as grants-in-help "to cover the shortfall on post-devolution revenue account." 

"The administration on September 10, 2020, delivered Rs 6,195.08 crore to 14 states as the 6th equated monthly instalment payment of the Post Devolution Revenue Deficit Grant as suggested by the fifteenth Finance Commission,"  the Office of Union Finance Minister Nirmala Sitharaman tweeted on Friday.


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