Centre releases ₹7,183 crore as revenue deficit grant to 14 states including Assam

way2barak, Nov.8: Union Government released revenue deficit grant (RDG) of Rs 7,183.42 crore to 14 states. With this, the total RDG released to states so far in the current financial year has gone up to Rs 57,467.33 crore.

Ministry of Finance on Monday released the eighth monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of ₹7,183.42 crore to 14 states, including Andhra Pradesh, Rajasthan, Assam and Punjab. With this, the amount released in FY23 stands at ₹57,467.33 crore. The Fifteenth Finance Commission has recommended a total PDRD grant of ₹86,201 crore for the FY23.