Union Government releases tax devolution of Rs 1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures, Rs 7834.80 crore to Odisha

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By Our Correspondent

BHUBANESWAR:   The Union Government has released tax devolution of ₹1,73,030 crore to State Governments today, as against the devolution of ₹89,086 crore in December 2024.

A higher amount is being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures.

Rs 7834.80 crore allocated to Odisha.

 

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