Meghalaya receives over Rs. 729 cr from Centre


The Union government Monday released more than Rs 95,000 crore to 28 states as their share in the taxes and duties collected by the Centre. The tax devolution of Rs 95,082 crores is twice the amount of normal monthly devolution of Rs 47,541 crores which was due to be paid this month.

Meghalaya has received Rs 729.28 crore as tax devolution released by the Centre.
This was as part of the promise made by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman after the virtual meeting with Chief Ministers, State Finance Ministers, and Lt. Governors of UTs to step up investment, infrastructure, and growth on November 15.

Among other states of north-east India, Assam received Rs 2974.16 crores, Arunachal Pradesh Rs 1670.58 crores, crores, Sikkim Rs 368.94, Manipur received Rs 680.80 crore,Mizoram Rs 475.42 crore, Tripura Rs 673.32 crore, and Nagaland received Rs 541.02 crore from the Centre.