Empowering States: Centre’s Rs 81,735 Crore Initiative Nurtures Local Aspirations

Unknown Apr 02, 2026 950 Views

In a bold fiscal move poised to turbocharge state development, the central government has greenlit an additional tax devolution of Rs 81,735 crore to state governments, with funds hitting state coffers on June 2, 2025. This unprecedented double instalment—arriving just days before the regul...