business centre releases tax devolution of rs 1 73 lk cr to states

Centre Releases Tax Devolution Of Rs 1.73 Lk Cr To States

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The Centre has released 1.73 lakh crore to state governments, significantly up from December 2024's 89,086 crore. This stimulus aims to boost the economy through state capital spending. Major beneficiaries include Uttar Pradesh, Uttarakhand, and Bihar, receiving 31,039.84 crore, 17,403.36 crore, and 13,017.06 crore respectively, to aid infrastructure development and social welfare programs.