Author: icxismael887367

Grant of Rs. 1154.90 crore released to States for Urban Local Bodies

The Department of Expenditure, Ministry of Finance today released an amount of Rs. 1154.90 crore to 4 States for providing grants to Urban Local Bodies.  The States to which grants were released on Monday are Andhra Pradesh (Rs. 225.60 crore), Bihar (Rs. 769 crore), Gujarat (Rs. 165.30 crore) and Sikkim (Rs.5 crore).  The grants released are meant for Non-Million Plus cities (NMPCs) including Cantonment Boards.               The 15th Finance Commission in its report for the period from 2021-22 to 2025-26 has divided the Urban Local Bodies into two categories: (a) Million-Plus urban agglomerations/cities (excluding Delhi ... Read more