Post Devolution Revenue Deficit (PDRD) Grant of Rs.
9,871 crore Released to 17 States under Article 275 of
the Constitution
· Total Revenue Deficit
Grant of Rs. 59,226 crore released to States in current
financial year
The Department of Expenditure, Ministry of Finance on Thursday,
9 September, 2021 released the 6th monthly installment
of Post Devolution Revenue Deficit (PDRD) Grant of Rs.
9,871.00 crore to the States. With the release of this installment, a total amount
of Rs. 59,226.00 crore has been
released to the eligible States as Post Devolution Revenue Deficit Grant (PDRD)
in the current financial year.
State-wise details of the grant released this month and total
amount of Post Devolution Revenue Grant released to the States in 2021-22 is annexed.
The Post Devolution Revenue Deficit Grant is provided to the
States under Article 275 of the Constitution. The grants are being released as per
the recommendations of the Fifteenth Finance Commission in monthly installments
to meet the gap in Revenue Accounts of the States post devolution. The Commission has recommended these grants to
17 States during 2021-22.
The eligibility of States to receive this grant and the quantum
of grant was decided by the Commission based on the gap between assessment of revenue
and expenditure of the State after taking into account the assessed devolution for
the financial year 2021-22.
The Fifteenth Finance Commission has recommended a total Post
Devolution Revenue Deficit Grant of Rs. 1,18,452 crore
to 17 States in the financial year 2021-22.
Out of this, an amount of Rs. 59,226.00 crore (50%)
has been released so far.
The States recommended for PDRD Grant by the Fifteenth Finance
Commission are: Andhra Pradesh, Assam, Haryana, Himachal Pradesh, Karnataka, Kerala,
Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura,
Uttarakhand and West Bengal.
State-wise Post Devolution
Revenue Deficit Grants Released
|
S.No. |
Name of State |
Amount released in September 2021 (6th installment) (Rs. in crore) |
Total amount released during 2021-22 (Rs. in crore) |
|
1 |
Andhra Pradesh |
1438.08 |
8628.50 |
|
2 |
Assam |
531.33 |
3188.00 |
|
3 |
Haryana |
11.00 |
66.00 |
|
4 |
Himachal Pradesh |
854.08 |
5124.50 |
|
5 |
Karnataka |
135.92 |
815.50 |
|
6 |
Kerala |
1657.58 |
9945.50 |
|
7 |
Manipur |
210.33 |
1262.00 |
|
8 |
Meghalaya |
106.58 |
639.50 |
|
9 |
Mizoram |
149.17 |
895.00 |
|
10 |
Nagaland |
379.75 |
2278.50 |
|
11 |
Punjab |
840.08 |
5040.50 |
|
12 |
Rajasthan |
823.17 |
4939.00 |
|
13 |
Sikkim |
56.50 |
339.00 |
|
14 |
Tamil Nadu |
183.67 |
1102.00 |
|
15 |
Tripura |
378.83 |
2273.00 |
|
16 |
Uttarakhand |
647.67 |
3886.00 |
|
17 |
West Bengal |
1467.25 |
8803.50 |
|
|
Total |
9,871.00 |
59,226.00 |