The details of the sixth equated monthly instalment of the Post Devolution Revenue Deficit Grant released by Ministry of Finance on September 10. (Photo: @nsitharamanoffc / Twitter)
Morung Express News
Dimapur | September 11
Nagaland has received Rs 326.41 crore from Centre as the sixth equated monthly instalment of the Post Devolution Revenue Deficit Grant on September 10 as recommended by the 15th Finance Commission.
The state’s share was part of the Rs 6,195.08 crore released to 14 states as grants-in-aid “to cover deficit on post-devolution revenue account.”
“The government on September 10, 2020 released Rs 6,195.08 crore to 14 states as the sixth equated monthly instalment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission,” the Office of Union Finance Minister Nirmala Sitharaman tweeted on Friday.
“This would provide them additional resources during the Corona crisis,” it added.
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