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regular-article-logo Tuesday, 05 November 2024

Centre releases Rs 8,923 crore to 25 states as grants for rural local bodies

The funds are meant for all the three tiers of Panchayati Raj Institutions — village, block and district

PTI New Delhi Published 10.05.21, 12:48 AM
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The finance ministry on Sunday said it has released Rs 8,923 crore to 25 states to provide grants to the rural local bodies for various prevention and mitigation measures needed to combat the Covid-19 pandemic.

The department of expenditure, ministry of finance, on Saturday released an amount of Rs 8,923.8 crore to 25 states for providing grants to the rural local bodies (RLBs).

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The grants are meant for all the three tiers of Panchayati Raj Institutions — village, block and district, an official statement said.

It may be utilised by the RLBs, among other things, for various prevention and mitigation measures needed to combat the Covid-19 pandemic, and will augment their resources.

CAIT demand

Domestic traders body CAIT on Sunday urged the Delhi government to give financial assistance to the traders community which has been hit by lockdown. “There is no inflow of money whereas the outflow of money continues in meeting family and establishment expenses,” the Confederation of All India Traders (CAIT) said in a statement.

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