Ministry of Finance
Union Government releases 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore to strengthen hands of States to accelerate their capital and developmental expenditure
Posted On:
10 MAR 2023 8:33PM by PIB Delhi
The Union Government has released 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore today, as against normal monthly devolution of ₹70,159 crore.
This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.
State-wise breakup of amounts released is given below in the table:
State-wise distribution of Net Proceeds of Union Taxes and Duties for March 2023
Sl. No
|
Name of State
|
Total (Rs. Crore)
|
1
|
ANDHRA PRADESH
|
5474
|
2
|
ARUNACHAL PRADESH
|
2491
|
3
|
ASSAM
|
4417
|
4
|
BIHAR
|
14232
|
5
|
CHHATTISGARH
|
4827
|
6
|
GOA
|
546
|
7
|
GUJARAT
|
4929
|
8
|
HARYANA
|
1546
|
9
|
HIMACHAL PRADESH
|
1177
|
10
|
JHARKHAND
|
4681
|
11
|
KARNATAKA
|
5125
|
12
|
KERALA
|
2705
|
13
|
MADHYA PRADESH
|
11108
|
14
|
MAHARASHTRA
|
8954
|
15
|
MANIPUR
|
1009
|
16
|
MEGHALAYA
|
1088
|
17
|
MIZORAM
|
705
|
18
|
NAGALAND
|
802
|
19
|
ODISHA
|
6399
|
20
|
PUNJAB
|
2561
|
21
|
RAJASTHAN
|
8535
|
22
|
SIKKIM
|
545
|
23
|
TAMIL NADU
|
5769
|
24
|
TELANGANA
|
2682
|
25
|
TRIPURA
|
1003
|
26
|
UTTAR PRADESH
|
24783
|
27
|
UTTARAKHAND
|
1583
|
28
|
WEST BENGAL
|
10642
|
|
Grand Total
|
140318
|
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