<h1>Finance Ministry Allocates Rs. 2427 Crore to 11 States for Urban Local Bodies' Development Under 15th Finance Commission.</h1> The Department of Expenditure, Ministry of Finance, has released Rs. 2427 crore to 11 states for Urban Local Bodies as the first installment of tied grants for 2021-22. This funding targets Non-Million Plus cities, including Cantonment Boards, as per the 15th Finance Commission's recommendations. The grants are split into 40% basic (untied) and 60% tied, with tied funds allocated for sanitation, solid waste management, and water-related projects. States must transfer these grants to Urban Local Bodies within 10 days or incur interest charges. The total grants released to Urban Local Bodies in 2021-22 amount to Rs. 4943.73 crore.