The Union Government has released two instalments of tax devolution to State Governments amounting to Rs. 1,16,665.75 crore on August 10, 2022, as against the normal monthly devolution of Rs. 58,332.86 crore.
This is in line with the commitment of the Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure.
The state-wise breakup of amounts released is given below in the table:
State-wise distribution of Net Proceeds of Union Taxes and Duties for August 2022
|
Sl. No |
Name of State | Total (Rs. Crore) |
| 1 | Andhra Pradesh |
4,721.44 |
|
2 |
Arunachal Pradesh | 2,049.82 |
| 3 | Assam |
3,649.30 |
|
4 |
Bihar | 11,734.22 |
| 5 | Chhattisgarh |
3,974.82 |
|
6 |
Goa | 450.32 |
| 7 | Gujarat |
4,057.64 |
|
8 |
Haryana | 1,275.14 |
| 9 | Himachal Pradesh |
968.32 |
|
10 |
Jharkhand | 3,858.12 |
| 11 | Karnataka |
4,254.82 |
|
12 |
Kerala | 2,245.84 |
| 13 | Madhya Pradesh |
9,158.24 |
|
14 |
Maharashtra | 7,369.76 |
| 15 | Manipur |
835.34 |
|
16 |
Meghalaya | 894.84 |
| 17 | Mizoram |
583.34 |
|
18 |
Nagaland | 663.82 |
| 19 | Odisha |
5,282.62 |
|
20 |
Punjab | 2,108.16 |
| 21 | Rajasthan |
7,030.28 |
|
22 |
Sikkim | 452.68 |
| 23 | Tamil Nadu |
4,758.78 |
|
24 |
Telangana | 2,452.32 |
| 25 | Tripura |
826 |
|
26 |
Uttar Pradesh | 20,928.62 |
| 27 | Uttarakhand |
1,304.36 |
|
28 |
West Bengal | 8,776.76 |
| Total |
1,16,665.72 |
The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1850445
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