Nagaland receives INR 326.41 crore for Covid-19 battle
Kohima, May 12 (EMN): Nagaland has been allotted INR 326.41 crore by the central government to provide resources for containment of the coronavirus outbreak. Altogether, the centre released INR 6,195.08 crore to 14 states, including Nagaland on Monday.
The Ministry of Finance released the amount as the second equated monthly instalment grants-in-aid to cover deficit on post-devolution revenue account in 2020-21 as recommended by the 15th Finance Commission.
Finance Minister, Nirmala Sitharaman tweeted on Monday that INR 6,195.08 crore was sanctioned to 14 states.
The government on May 11, 2020 released Rs 6,195.08 crore to 14 states as the second equated monthly installment of the Post Devolution Revenue Deficit Grant as recommended by the 15th Finance Commission. This would provide them additional resources during the Corona crisis. pic.twitter.com/9W9kUorB62
— NSitharamanOffice (@nsitharamanoffc) May 11, 2020
Earlier, on April 20, the Ministry of Finance had sanctioned INR 263.80 crore to Nagaland for its April instalment of devolution of state’s share in central taxes and duties.
The 14 states to have received the allocation were Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Tamil Nadu, Tripura, Uttarakhand, West Bengal, and Sikkim. The state of Kerala has received the major chunk of the amount with INR 127691.66 lakh while Sikkim received the lowest with INR 3733.33 lakh.