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        <h1>Finance Ministry Releases Second PDRD Grant Installment of Rs. 7,183.42 Crore to 14 States for 2022-23.</h1> The Department of Expenditure, Ministry of Finance, has released the second monthly installment of the Post Devolution Revenue Deficit (PDRD) Grant, amounting to Rs. 7,183.42 crore, to 14 states. This brings the total grants released for the 2022-23 financial year to Rs. 14,366.84 crore, with a total of Rs. 86,201 crore planned for the year. The grants are distributed based on the Fifteenth Finance Commission's recommendations to cover revenue gaps post-devolution. The states receiving these grants include Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand, and West Bengal.

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