As promised by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman after the virtual meeting with Chief Ministers, State Finance Ministers, and Lt. Governors of UTs to step up investment, infrastructure, and growth on 15th November 2021, the Government of India has released two installments of tax devolution to State Governments amounting to ₹ 95,082 Crores on 22nd November 2021, as against normal monthly devolution of ₹ 47,541 Crores.
State-wise breakup of amounts released given below in the table:
Sl. No. | State | Amount released (In crore) | |
| |
1 | Andhra Pradesh | 3847.96 | |
2 | Arunachal Pradesh | 1670.58 | |
3 | Assam | 2974.16 | |
4 | Bihar | 9563.30 | |
5 | Chhattisgarh | 3239.54 | |
6 | Goa | 367.02 | |
7 | Gujarat | 3306.94 | |
8 | Haryana | 1039.24 | |
9 | Himachal Pradesh | 789.16 | |
10 | Jharkhand | 3144.34 | |
11 | Karnataka | 3467.62 | |
12 | Kerala | 1830.38 | |
13 | Madhya Pradesh | 7463.92 | |
14 | Maharashtra | 6006.30 | |
15 | Manipur | 680.80 | |
16 | Meghalaya | 729.28 | |
17 | Mizoram | 475.42 | |
18 | Nagaland | 541.02 | |
19 | Odisha | 4305.32 | |
20 | Punjab | 1718.16 | |
21 | Rajasthan | 5729.64 | |
22 | Sikkim | 368.94 | |
23 | Tamil Nadu | 3878.38 | |
24 | Telangana | 1998.62 | |
25 | Tripura | 673.32 | |
26 | Uttar Pradesh | 17056.66 | |
27 | Uttarakhand | 1063.02 | |
28 | West Bengal | 7152.96 | |
| TOTAL | 95,082.00 | |
State-wise distribution of Net Proceeds of Union Taxes and Duties for November 2021
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RM/KMN
Tax devolution boosts transfers to states to strengthen fiscal space and reflect November net proceeds allocation. The Central Government released two installments of tax devolution on 22 November 2021 totaling Rs. 95,082 crore, above the normal monthly devolution, to strengthen State fiscal space and support investment and infrastructure. These transfers form part of the
Net Proceeds of Union Taxes and Duties for November 2021 and are accompanied by a state-wise distribution schedule detailing amounts allocated to each State and UT.
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