Centre releases Rs 7,183 crore as revenue deficit grant to 14 states

The central government has released Rs 7,183.42 crore as a revenue deficit grant to 14 states including Andhra Pradesh, Kerala, Assam, Rajasthan and West Bengal, the Finance Ministry said in a statement on Tuesday.

The Department of Expenditure released the 6th monthly instalment of the Post Devolution Revenue Deficit (PDRD) Grant of Rs 7,183.42 crore to 14 states as per the recommendations of the Fifteenth Finance Commission.

The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs 86,201 crore to 14 states for the financial year 2022-23.


The recommended grant is released by the Department of Expenditure to the recommended States in 12 equated monthly instalments. With the release of the 6th instalment for the month of September 2022, the total amount of Revenue Deficit Grants released to the States in 2022-23 has gone up to Rs 43,100.50 crore, the ministry said.

The states that have been recommended Post Devolution Revenue Deficit Grant by the Fifteenth Finance Commission during 2022-23 are: Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal.