 "N K Singh")
States to get Rs 10.33 trillion in grants
States will receive Rs 10.33 trillion in grants. This will make aggregate transfers to the states at Rs 52.53 trillion, roughly at 50 per cent of the total divisible pool in the next five years
States will receive Rs 10.33 trillion in grants. This will make aggregate transfers to the states at Rs 52.53 trillion, roughly at 50 per cent of the total divisible pool in the next five years
Devolution to states kept intact
In order to maintain predictability and stability of resources during the pandemic, the tax devolution to states was retained at 41 per cent of the divisible tax pool. This will amount to Rs 42.2 trillion for the next five years. However, the Centre imposed agriculture infra cess on certain items, including petrol, diesel,
