<h1>Centre Releases Rs 1.73 Lakh Crore to States for Capital Expenditure and Welfare, Exceeding Previous Year's Allocation.</h1> The Centre has released Rs 1.73 lakh crore to state governments to boost capital expenditure and support welfare activities. This amount is significantly higher than the Rs 89,086 crore devolved in December 2024. The finance ministry emphasized that the increased devolution aims to enhance states' capacity for development and welfare spending. Currently, 41% of taxes collected by the Centre are distributed to states in instalments throughout the fiscal year.