According to the state-wise break-up, Uttar Pradesh, the most populous state in India, has received highest allocation of Rs 18,227 crore. (Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The government on Wednesday released Rs 1.02 lakh crore as advance tax devolution to states amid the festive season, according to press release by Ministry of Finance. This move is to accelerate capital spending and finance development and welfare related expenditure, it said.
This additional installment is over and above the normal monthly devolution due on Oct. 10, finance ministry added in its release.
State-Wise Break-Up
According to the state-wise break-up, Uttar Pradesh, the most populous state in India, has received highest allocation of Rs 18,227 crore, followed