Poket News

Centre releases Rs 2,427 crore to 11 states for urban local bodies

 

  • The Department of Expenditure, Ministry of Finance on 17 Sep    released an amount of 2,427 crore rupees to 11 states for the Urban Local Bodies. 
  • The amount released is the 1st installment of tied grants for the year 2021-22, these grants have been provided for the Non-Million Plus cities 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.