Finance Ministry releases Revenue Deficit Grants to States

Finance Ministry released the sixth monthly instalment of revenue deficit grant of Rs 9871 crores to 17 states, on September 9, 2021.

Finance Ministry releases Revenue Deficit Grants to States

• Minister also unveiled policy measures and development of airports & heliports.
• This plan would focus on 16 areas. Out of these, 8 is related to policy and 4 is related to reforms.
• As per plan, six heliports will be developed in Himachal Pradesh and Uttarakhand under the regional air connectivity scheme called UDAN.
• Minister also announced a new policy for Maintenance, Repair and Overhaul (MRO) activities.
• Under the 100-day target, three main foundations are infrastructure, policy targets and reforms initiative.
• Under it, four airports will be made operation or developed optimally.

Published date : 11 Sep 2021 05:47PM