According to the finance ministry, 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.
New Delhi [India], August 10 (ANI): The central government on Wednesday released two instalments of tax devolution to states amounting to Rs 1,16,665.75 crore as against the normal monthly devolution of Rs.58,332.86 crore, the Ministry of Finance said.