Hyderabad: The Union Government released an additional ₹1,09,019 crore to state governments through tax devolution on October 31. The amount is over and above the regular monthly transfer. The Centre said the advance release would help states meet festive-season needs and speed up development spending.
According to the Press Information Bureau, this is the second additional instalment of tax devolution released during the current financial year. The funds are intended to help states accelerate capital expenditure and finance development and welfare-related spending.
Uttar Pradesh received the largest share at ₹19,208 crore. Bihar was allocated ₹10,845 crore, while Madhya Pradesh received ₹8,010 crore. West Bengal was allotted ₹7,866 crore and Maharashtra received ₹7,022 crore.
Rajasthan received ₹6,460 crore, while Odisha was allocated ₹4,819 crore. Andhra Pradesh received ₹4,597 crore and Karnataka ₹4,504 crore. Tamil Nadu was allotted ₹4,466 crore, while Gujarat received ₹4,094 crore.
Telangana receives ₹2,370 crore in tax devolution
Telangana was allocated ₹2,370 crore in the additional release. Among other states, Jharkhand received ₹3,660 crore and Chhattisgarh ₹3,602 crore. Assam was allotted ₹3,552 crore, while Kerala received ₹2,597 crore.
Punjab was allocated ₹2,176 crore, followed by Haryana with ₹1,484 crore and Arunachal Pradesh with ₹1,476 crore. Uttarakhand received ₹1,244 crore, while Himachal Pradesh was allotted ₹996 crore.
Tripura received ₹699 crore and Meghalaya ₹688 crore. Manipur was allocated ₹682 crore, while Mizoram received ₹615 crore. Nagaland was allotted ₹524 crore, Goa ₹398 crore and Sikkim ₹365 crore.
The Centre said the additional transfer would provide states with resources for capital spending and development and welfare expenditure.
