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    <title>Government of India Releases Over 37,420 Crore to Different States for the Financial Year 2015-16 as First Installment of Devolution as per 14th Finance Commission</title>
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    <description>The central government released the first instalment of statutory devolution to States for the 2015-16 financial year pursuant to the Fourteenth Finance Commission recommendations, itemising allocations to each State and identifying the aggregate amount disbursed as the initial tranche of formula-driven budgetary transfers under the Commission&#039;s devolution framework.</description>
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