24.3 C
State of Tripura
Wednesday, July 30, 2025

Tripura gets Rs 14 cr for ULBs, Capex aid Rs 600 cr expected soon

Tripura Net
Tripura Net
www.tripuranet.com is a daily news, news article, feature, public opinion, articles, photographs, videos etc –all in digital format- based website meant to disseminate unbiased information as far possible as accurate.

Must Read

Tripura-Secretariat

Ministry of Finance of the Union government (the Department of Expenditure) today released an amount of Rs. 1348.10 crore to six States including Rs 14 crore for Tripura for providing grants to Urban Local Bodies. Apart from that In accordance with the Budget announcement, the Government is emphasizing Capex allocation to expedite growth. To this end, Ministry of Finance will release fund for Tripura.

The States to which grants were released on Friday are Jharkhand Rs. 112.20 crore, Karnataka Rs. 375 crore, Kerala Rs. 168 crore, Odisha Rs.411 crore, Tamil Nadu Rs.267.90 crore and Tripura Rs.14 crore.  The grants released are meant for Non-Million Plus cities (NMPCs) including Cantonment Boards.  
 The 15th Finance Commission in its report for the period from 2021-22 to 2025-26 has divided the Urban Local Bodies into two categories– Million-Plus urban agglomerations, cities excluding Delhi and Srinagar, and all other cities and towns with less than one million population Non-Million Plus cities.  

Apart from that In accordance with the Budget announcement, the Government is emphasizing Capex allocation to expedite growth. To this end, Ministry of Finance will release fund for Tripura.
Chief Secretary of Tripura, Kumar Alok  tweeted, “As per budget announcement Finance Ministry will release additional central assistance of approximately Rs 600 crore to Tripura for capital expenditure. We hope to mobilise more funds in next Financial Year”.
Meantime, a PIB release said, Ministry of Finance on Friday released an amount of Rs. 1348.10 crore to 6 States including Tripura for providing grants to Urban Local Bodies. For Tripura, Finance Ministry released grants of Rs 14 crore.  In the current financial year, Tripura received total Rs 72 crore.
 

- Advertisement -
spot_img
spot_img
spot_img

Latest News

LS approves statutory resolution regarding extension of President’s rule in Manipur

  The Lok Sabha has given its approval to the statutory resolution regarding the extension of President’s...