<h1>India Disburses Over Rs. 37,420 Crore to States as First Devolution Installment per 14th Finance Commission.</h1> The Government of India has disbursed over Rs. 37,420 crore to various states for the financial year 2015-16 as the first installment of devolution in accordance with the 14th Finance Commission. The allocation includes Rs. 6,735.81 crore for Uttar Pradesh, Rs. 3,624.37 crore for Bihar, Rs. 2,835.75 crore for Madhya Pradesh, and Rs. 2,746.91 crore for West Bengal, among others. This funding aims to support state governments in their financial management and development initiatives.