Centre releases extra tax devolution of Rs. 826 crore to Tripura
Agartala, Nov 12, 2022, TRIPURATIMES Desk
Agartala, Nov 12: The Central Government has released two installments of tax devolution to state governments amounting to Rs. 1,16,665 crore including Rs. 826 crore to Tripura.
According to a PIB press release, the installments have been released to the states on Friday as against the normal monthly devolution of Rs.58,333 crore.
This is in line with the commitment of Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure, the release said.
Tripura Chief Minister Dr. Manik Saha extended gratitude to Prime Minister Narendra modi and his government for releasing the two installments.
“I heartily thank PM @narendramodi Ji on behalf all the citizens of #Tripura for timely release of both the installments. This share of ₹ 826 crores will be instrumental in development of #Tripura,” the Chief Minister tweeted.