Home » Finance » Grant of Rs. 2427 crore released to States for Urban Local Bodies

Grant of Rs. 2427 crore released to States for Urban Local Bodies

The Department of Expenditure, Ministry of Finance today released an amount of Rs. 2427 crore to 11 States for the Urban Local Bodies.  The amount released is the 1st instalment of tied grants for the year 2021-22.  These grants have been provided for the 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 and Srinagar), and (b) all other cities and towns with less than one million population(Non-Million Plus cities) and has recommended separate grants for them. Out of the total grants recommended by the Commission for Non-Million Plus cities, 40% is basic (untied) grant  and the remaining 60% is as tied grant.  Basic grants(untied) can be utilised for location specific felt needs except for payment of salary and incurring other establishment expenditure.

On the other hand, tied grants for the Non-Million Plus cities are released for supporting and strengthening the delivery of basic services out of which 50% is earmarked for ‘Sanitation Solid Waste Management and attainment of star ratings as developed by the Ministry of Housing & Urban Affairs (MOH&UA) and the remaining 50% is tied to ‘Drinking water, rainwater harvesting and water recycling’.

The tied grants are meant to ensure availability of additional funds to urban local bodies over and above the funds allocated by the Centre and the State for sanitation and drinking water under various Centrally Sponsored Schemes and provide quality services to citizens.

The States are required to transfer the grants to the ULBs within 10 working days of receipt from the Union Government.  Any delay beyond 10 working days requires the State Governments to release the grants with interest.

State-wise amount of 1st installment of Tied Grant for Non-Million Plus cities released on 16-09-2021 are given below;

Sl.
No.

Name of State

Tied Grant for NMPCs released on 16-09-2021

(Rs. in crore)

1

Haryana

116.10

2

Jharkhand

112.20

3

Karnataka

225.00

4

Madhya Pradesh

299.40

5

Maharashtra

276.60

6

Mizoram

10.20

7

Odisha

246.60

8

Punjab

111.00

9

Tamil Nadu

267.90

10

Tripura

21.00

11

Uttar Pradesh

741.00

x

x

2427.00

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

37.4% INCREASE IN CAPITAL EXPENDITURE TO 10 LAKH CRORE IN BE 2023-24

Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment” said ...

ECONOMIC SURVEY 2022-23 PROJECTS A BASELINE GDP GROWTH OF 6.5 PER CENT IN REAL TERMS IN FY24

India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, ...

2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022

The gross GST revenue collected in the month of January 2023 till 5:00 PM on 31.01.2023 is Rs ...

India Post Payment Bank

India Post Payments Bank (IPPB) is a scheduled payment bank offering a range of products ...

Exchange Rate Notification No. 66/2022 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 ...

GST Revenue collection for July second highest ever & 28% higher than the revenues in the same month last year

The gross GST revenue collected in the month of July 2022 is ₹1,48,995 crore of which ...

Coal Royalty to Different States During the last Ten Years

The details of royalty given on coal to various States during last 10 years, year ...

SUMMARY OF UNION BUDGET 2022-23

India’s economic growth in the current year is estimated to be 9.2 per cent, highest ...

ECONOMY OF ODISHA – A 360 GLANCE

Reforms serve as the tools which enable Odisha Government to meet organizational challenges creating opportunities ...

Scheduled Commercial Banks recover Rs 90 crore from financial frauds in last 5 years

Cyber financial frauds in banking primarily relate to frauds that have taken place on ATM/ ...

WP2Social Auto Publish Powered By : XYZScripts.com