What amount has been released by the Finance ministry as Post Devolution Revenue Deficit for the sta...........

Current GK ( Master) Financial System

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What amount has been released by the Finance ministry as Post Devolution Revenue Deficit for the states of India?

Rs 8,871 crore

Rs 7,871 crore

Rs 9,871 crore

Rs 10,871 crore

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Explanation:

The Finance Ministry has released its fifth monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore to the states on August 9. With the release of this installment, a total amount of Rs 49,355 crore has been released to eligible states as PDRD in the current financial year. The Commission has recommended PDRD grants to 17 States during 2021-22.