Centre releases only Rs 417 cr when the total dues stand at Rs 53000 crore

Kolkata | Wednesday | 12th August, 2020

Summary:

The Ministry has released Rs 6,157 crore as recommended by the 15 th Finance Commission for 14 states including Bengal. Out of the total due amount of Rs 53,000 crore, Rs 11,000 crores due is of devolution funds from the Centre. But only Rs 417 crore was approved by the Centre on Tuesday for August. The remaining of the total due includes around Rs 36,000 crore for different Centrally Sponsored Schemes (CSS), around Rs 4,135 crore as GST compensation and another around Rs 3,000 crore for food subsidies and other heads. When Rs 417 crore was released for Bengal, around Rs 1270 crore was released for Himachal Pradesh..