Government has released third instalment of revenue deficit grant to 14 states for 2022-23
Finance Ministry has released the revenue deficit grant worth Rs 7,183 crore to 14 states as per the recommendation of the 15th Finance Commission.
This the third monthly instalment of the grant in the current fiscal and with this, the total revenue deficit grant released to states so far is Rs 21,50 crore.
States will get a total revenue deficit grant of Rs. 86,201 crore in 2022-23, a statement by Finance Ministry said.