Union Government Disburses ₹8,668 Crore to Northeastern States, ₹1,01,603 Crore to All States
The Union government has disbursed a substantial amount of funds to states across the country. The Northeastern region received ₹8,668 crore as an advance instalment, with Arunachal Pradesh securing the largest share at ₹1,785 crore. Meanwhile, Assam, under its late chief minister, received the largest allocation among all states, amounting to ₹3,178 crore.
The recent fund disbursement saw Mizoram receive ₹508 crore, Nagaland ₹578 crore, Manipur ₹727 crore, and Tripura ₹719 crore from the Northeastern states. Additionally, Sikkim received ₹394 crore and Meghalaya ₹779 crore. This financial boost aims to support various development projects and initiatives in these regions.
In a broader perspective, the Union government has released an additional tax devolution of ₹1,01,603 crore to all states, demonstrating its commitment to fiscal federalism and regional development.
The fund disbursement to the Northeastern states and the additional tax devolution to all states reflect the government's efforts to empower states financially. These funds are expected to drive growth and development across the country.
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