{"id":3411,"date":"2024-06-14T00:09:18","date_gmt":"2024-06-14T00:09:18","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3411"},"modified":"2024-06-14T00:09:18","modified_gmt":"2024-06-14T00:09:18","slug":"states-to-get-additional-rs-47500-crore-this-month-financeminister","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/states-to-get-additional-rs-47500-crore-this-month-financeminister\/","title":{"rendered":"States to get additional Rs 47,500 crore this month: Finance\nminister"},"content":{"rendered":"

The Centre decided to release an additional Rs 47,500 crore to states as their share of taxes in order to boost capital spending, especially for . The Centre said the reduction in excise duty on petrol and diesel would not impact transfers to states.<\/p>\n

The Centre, which has seen healthy revenue collections, has already stepped up fund transfer for GST compensation and is now pushing more funds to states, which were sitting on cash balance of nearly Rs 2.7 lakh crore at the end of October. Only four states had a negative cash balance.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Centre decided to release an additional Rs 47,500 crore to states as their share of taxes in order to boost capital spending, especially for . The Centre said the reduction in excise duty on petrol and diesel would not impact transfers to states. The Centre, which has seen healthy revenue collections, has already stepped … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[858],"class_list":["post-3411","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-16-11-21"],"yoast_head":"\nStates to get additional Rs 47,500 crore this month: Finance minister - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/states-to-get-additional-rs-47500-crore-this-month-financeminister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"States to get additional Rs 47,500 crore this month: Finance minister\" \/>\n<meta property=\"og:description\" content=\"The Centre decided to release an additional Rs 47,500 crore to states as their share of taxes in order to boost capital spending, especially for . The Centre said the reduction in excise duty on petrol and diesel would not impact transfers to states. The Centre, which has seen healthy revenue collections, has already stepped ... 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The Centre said the reduction in excise duty on petrol and diesel would not impact transfers to states. The Centre, which has seen healthy revenue collections, has already stepped ... 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