Post Devolution Revenue Deficit Grant
On 7th July, 2021, the Department of Expenditure, Ministry of Finance, released the 4th monthly installment of Post Devolution Revenue Deficit (PDRD) Grant to the States.
About Post Devolution Revenue Deficit Grant
- The Post Devolution Revenue Deficit Grant is provided to the States under Article 275 of the Constitution.
- The grants are released as per the recommendations of the Fifteenth Finance Commission in monthly installments to meet the gap in Revenue Accounts of the States post devolution.
- The Commission has recommended PDRD grants to 17 States during 2021-22.
Eligibility Criteria for States
- The eligibility of States to receive this grant and the ....
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