Bommai thanks PM for advance installment of tax devolution of Rs 3,467.62 cr

  • | Friday | 21st January, 2022

Bengaluru, Jan 21 (PTI) Expressing his gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharamam for releasing an advance instalment of tax devolution of Rs 3,467.62 crore, Karnataka Chief Minister Basavaraj Bommai on Friday said this will aid economic growth of the state.In a series of tweets, Bommai said the assistance came at a time when the state was battling the third wave of COVID-19."Government of India released an advance instalment of tax devolution of Rs. 3,467.62 Cr for Karnataka. Out of this, 1,733.81 Cr is regular January 2022 instalment & 1733.81 Cr is advance instalment. I extend thanks on behalf of people of karnataka to PM @narendramodi ji and FM @nsitharaman ji," Bommai tweeted.He further tweeted, "This will help drive expenditure in key sectors, strengthen demand and aid economic growth in Karnataka. Especially when State is facing third wave of COVID, the advance instalment is a welcome relief." PTI GMS ROH ROH

If You Like This Story, Support NYOOOZ



Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.

Stay updated with all the Bangalore Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles