Grants Current Affairs, GK & News

Rs 7,183.42 crore Revenue Deficit Grant

Recently, the Department of Expenditure (Ministry of Finance) released Rs 7,183.42 crore as a revenue deficit grant to 14 states. This is the 2nd monthly installment of the Post Devolution Revenue Deficit (PDRD) grant to states. Who recommended Post Devolution Revenue Deficit (PDRD) grant to states? Fifteenth Finance Commission. Which states were recommended for Post ..

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Grants to Rural Local Bodies

According to data released by the Ministry of Finance, the Union government released ₹2,221 crores to the states of Bihar, Karnataka, and West Bengal to provide grants to rural local bodies. Recommendation of 15th Finance Commission In its report, the 15th Finance Commission had recommended that the Union government should provide grants to rural local ..

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