FinMin releases Rs 17,287 cr to states to fight coronavirus pandemic

This includes Rs 6,195.08 crore on account of 'revenue deficit grant' under 15th Finance Commission recommendations to 14 states

The Finance Ministry on Friday released Rs 17,287 crore to states to enhance their financial resources during the COVID-19 crisis.

Of this amount, Rs 11,092 crore is towards State Disaster Response Mitigation Fund (SDRMF) to all states.

An amount of Rs 6,195 crore has been released as 'Post Devolution Revenue Deficit Grant' to 14 states namely Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal.

"The @FinMinIndia today released a total of Rs 17,287.08 crore