Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Accord Fintech
Ministry of Finance releases amount of Rs 1,764 crore to 4 States for urban centres
News By Tags | #248 #5812

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

The Department of Expenditure, Ministry of Finance has released an amount of Rs 1,764 crore to 4 States for providing grants to Million Plus Cities/Urban Agglomerations.  The States to which grants were released are Andhra Pradesh (Rs 136 crore), Chhattisgarh (Rs 109 crore), Maharashtra (Rs 799 crore) and Uttar Pradesh (Rs 720 crore).

The grants released are meant for Million Plus Cities/ Urban Agglomerations (MPC/UAs) of Vijayawada & Visakhapatnam in the State of Andhra Pradesh, Durg Bhilainagar & Raipur in the State of Chhattisgarh, Aurangabad, Greater Mumbai, Nagpur  Nashik, Pune & Vasai-Virar City in the State of Maharashtra and Agra, Allahabad, Ghaziabad, Kanpur, Lucknow, Meerut & Varanasi in the State of Uttar Pradesh. 

So far, a total grant of Rs 4,761.8 crore has been released to urban local bodies in FY 2022-23, where Andhra Pradesh received Rs 293.75 crore, Chhattisgarh (Rs 307.20 crore), Gujarat (Rs 20.21 crore), Haryana (Rs 77.40 crore), Himachal Pradesh (Rs 78.00 crore), Kerala (Rs 256.00 crore), Madhya Pradesh (Rs 314.10 crore) and Maharashtra (Rs 840.34 crore).