Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Centre Releases Rs. 13,385.70 Crore Aid To Rural Local Bodies

"This Grant-in-aid is the 1st installment of Tied grants for the year 2021-22. The grants have been released as per the recommendations of the 15th Finance Commission," informed the ministry in an official statement.

Photo Credit :

1562319110_1nqTHW_nirmala_1000_6.jpg

The Union Ministry of Finance, on Monday, released a total amount of Rs.13,385.70 crore to 25 States for providing grants to the Rural Local Bodies (RLBs). 

"This Grant-in-aid is the 1st installment of Tied grants for the year 2021-22.  The grants have been released as per the recommendations of the 15th Finance Commission," informed the ministry in an official statement. 

The Union Government has released the tied grants to RLBs for enhancing the sanitation and maintenance of open-defecation free (ODF) status and supply of drinking water, rainwater harvesting, and water recycling, amid the monsoon season. 

"Out of the total Grant-in-aid allocated for Panchayati Raj institutions, 60 per cent is ‘Tied Grant’. It’s earmarked for national priorities like drinking water supply, rainwater harvesting, and sanitation. The remaining 40 percent is ‘Untied Grant’ and is to be utilized at the discretion of the Panchayati Raj institutions for location-specific needs, except for payment of salaries, the ministry added in a statement. 

"Tied grants are meant to ensure the availability of additional funds to the Rural local bodies over and above the funds allocated by the Centre and the State for sanitation and drinking water under the Centrally Sponsored Schemes," it further added. 

The ministry has directed the state authorities to transfer the grants to the Rural local bodies within 10 working days of their receipt from the Central Government. "Any delay beyond 10 working days requires the State Governments to release the grants with interest," it said. 

Talking about the state-wise amount of RLB grants released, the highest amount has been given to the State of Uttar Pradesh which is Rs. 2162.4 crore, followed by Maharashtra with Rs. 1292.1 crore, Bihar has been alloted a total amount of Rs. 1112.7 crore and Madhya Pradesh received Rs 883.2 crore, according to the Finance Ministry. 


Tags assigned to this article:
union government finance ministry