The Union Government has released the 14th instalment of tax devolution to State Governments amounting to ₹1,40,318 crore on March 10, 2023, as against the normal monthly devolution of ₹70,159 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 March 2023
|
Sl. No |
Name of State | Total (Rs. Crore) |
| 1 | ANDHRA PRADESH |
5474 |
|
2 |
ARUNACHAL PRADESH | 2491 |
| 3 | ASSAM |
4417 |
|
4 |
BIHAR | 14232 |
| 5 | CHHATTISGARH |
4827 |
|
6 |
GOA | 546 |
| 7 | GUJARAT |
4929 |
|
8 |
HARYANA | 1546 |
| 9 | HIMACHAL PRADESH |
1177 |
|
10 |
JHARKHAND | 4681 |
| 11 | KARNATAKA |
5125 |
|
12 |
KERALA | 2705 |
| 13 | MADHYA PRADESH |
11108 |
|
14 |
MAHARASHTRA | 8954 |
| 15 | MANIPUR |
1009 |
|
16 |
MEGHALAYA | 1088 |
| 17 | MIZORAM |
705 |
|
18 |
NAGALAND | 802 |
| 19 | ODISHA |
6399 |
|
20 |
PUNJAB | 2561 |
| 21 | RAJASTHAN |
8535 |
|
22 |
SIKKIM | 545 |
| 23 | TAMIL NADU |
5769 |
|
24 |
TELANGANA | 2682 |
| 25 | TRIPURA |
1003 |
|
26 |
UTTAR PRADESH | 24783 |
| 27 | UTTARAKHAND |
1583 |
|
28 |
WEST BENGAL | 10642 |
| Grand Total |
140318 |
The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1905744