Revenue Deficit Grant of ₹ 9,871 crore released to 17 States

Total Revenue Deficit Grant of ₹ 98,710 crore released to States in current Financial Year

The Department of Expenditure, Ministry of Finance, today released monthly Post Devolution Revenue Deficit (PDRD) Grant of ₹ 9,871 crore to 17 States.  This was the 10^th instalment of the PDRD grant released to the States. 

So far, an amount of Rs. 98,710 crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year.  State-wise details of the grant released this month and total amount of Post Devolution Revenue Deficit Grant released to the States in 2021-22 is annexed.  

The Post Devolution Revenue Deficit Grants are provided to the States under Article 275 of the Constitution.  The grants are released to the States as per the recommendations of the Fifteenth Finance Commission to meet the gap in Revenue Accounts of the States post devolution.  The Commission has recommended PDRD grants to 17 States and the same is being released in monthly installments.

The eligibility of States to receive this grant and the quantum of grant was decided by the Commission based on the gap between assessment of revenue and expenditure of the State after taking into account the assessed devolution for the financial year 2021-22.  The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of ₹ 1,18,452  crore to 17 States in the financial year 2021-22.  Out of this, an amount of ₹ 98,710 crore (83.33%) has been released so far. 

The States who have been recommended Post Devolution Revenue Deficit Grant by the Fifteenth Finance Commission are: Andhra Pradesh, Assam, Haryana, Himachal Pradesh, Karnataka, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal.

State-wise Post Devolution Revenue Deficit Grants Released

(Rs. in crore)

S.No.	Name of State	Amount released in January 2022 (10th installment)	Total amount released in 2021-22
1	Andhra Pradesh	1438.08	14380.83
2	Assam	531.33	5313.33
3	Haryana	11.00	110.00
4	Himachal Pradesh	854.08	8540.83
5	Karnataka	135.92	1359.17
6	Kerala	1657.58	16575.83
7	Manipur	210.33	2103.33
8	Meghalaya	106.58	1065.83
9	Mizoram	149.17	1491.67
10	Nagaland	379.75	3797.50
11	Punjab	840.08	8400.83
12	Rajasthan	823.17	8231.67
13	Sikkim	56.50	565.00
14	Tamil Nadu	183.67	1836.67
15	Tripura	378.83	3788.33
16	Uttarakhand	647.67	6476.67
17	West Bengal	1467.25	14672.50
	Total	9871.00	98710.00

 

Post Devolution Revenue Deficit Grant released to eligible States to cover post devolution revenue gaps per Fifteenth Finance Commission. The Department of Expenditure released the tenth monthly instalment of the Post Devolution Revenue Deficit Grant to 17 States under Article 275, following Fifteenth Finance Commission recommendations that set eligibility and quantum based on assessed gaps in State revenue accounts after devolution; the press release provides the month's disbursements, cumulative releases for the financial year, and a state-wise schedule.