Revenue Deficit Grants Current Affairs, GK & News

Finance Ministry releases Revenue Deficit Grants to States

Finance Ministry released the sixth monthly instalment of revenue deficit grant of Rs 9871 crores to 17 states, on September 9, 2021. Highlights Grants were released on the recommendations of 15th Finance Commission to 17 states for 2021-22. Grants were released in accordance with the Article 275 of the Indian constitution. Under, article 275, post ..