The central government has released Rs 7,183.42 crore as a revenue deficit grant to 14 states including Andhra Pradesh, West Bengal, Rajasthan, Punjab, Assam and Kerala. The Department of Expenditure, Ministry of Finance released the money. This is the 2nd monthly instalment of Post Devolution Revenue Deficit (PDRD) grant to states. The grant has been released as per the recommendations of the Fifteenth Finance Commission.
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The States which have been recommended Post Devolution Revenue Deficit grant by the Fifteenth Finance Commission during 2022-23 are: Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal.
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