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    <title>Finance Minister Smt. Nirmala Sitharaman authorises release of advance installment of tax devolution to State Governments amounting to 47,541 crore</title>
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    <description>A second advance installment of tax devolution was authorised, matching the regular January monthly devolution so that States receive double their monthly entitlement to bolster immediate liquidity for capital and developmental expenditure related to CoVID-19 response. The release follows a prior identical advance instalment and complements an earlier back-to-back loan made to States in lieu of GST compensation shortfall; a state-wise schedule details regular, advance, and total releases for January.</description>
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