Poket News

Monthly Post Devolution Revenue Deficit Grant

 

  • Finance ministry released a monthly Post Devolution Revenue Deficit (PDRD) Grant of 9,871 crore rupees to 17 States.  
  • This was the 10th installment of the PDRD grant released to the States. 
  • So far, an amount of 98,710 crore rupees has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year. 
  • The Post Devolution Revenue Deficit Grants are provided to the States under Article 275 of the Constitution.