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The Union government has released ₹332.46 crore as a 15th Finance Commission grant for the 2025-26 financial year to rural local bodies in Punjab. The grant has been released for 13,231 eligible gram panchayats, 150 block panchayats, and 22 zila parishads to strengthen rural governance in the state. The second instalment of the 15th Finance Commission tied grant for the financial year was released on March 27, according to the Union ministry of panchayati raj. The tied grants can be used for ...Read More >
Dehradun (Uttarakhand) [India], March 31 (ANI): The Central Government has approved and released funds under the Fifteenth Finance Commission's "Untied" grant for Panchayati Raj Institutions and Rural Local Bodies in Uttarakhand for the financial year 2025-26, as per a CMO release. According to the release, this grant will further strengthen the panchayat system and support need-based local development initiatives within Panchayati Raj institutions. Under the second installment of the Untied g ...Read More >
Further, Rs 4.698 crore from the withheld portion of the first instalment of the Untied Grant for the Financial Year 2024-25 has also been released to an additional 26 eligible Block Panchayats. The Centre has released over Rs 223 crore under Fifteenth Finance Commission (XV FC) Grants during Financial Year 2025-26 for Rural Local Bodies in Assam. "This entails the second instalment of Untied Grants for the Financial Year 2024-25, amounting to Rs 219.24 crores. These funds are intended for all ...Read More >
New Delhi, Nov 14: The Centre has released over Rs 223 crore to bolster rural local bodies in Assam under the 15th Finance Commission grants for the financial year 2025-26, according to a statement issued by the Ministry of Panchayati Raj on Friday. This includes the second instalment of untied grants for 2024-25, amounting to Rs 219.24 crore. The funds have been allocated to all eligible 27 District Panchayats, 182 Block Panchayats and 2,192 Gram Panchayats across the state. Additionally, Rs ...Read More >
New Delhi, Nov 14 (PTI) The Union government has released Fifteenth Finance Commission (XV FC) grants during the financial year 2025-26 for rural local bodies in Assam, the Panchayati Raj Ministry said in a statement. The ministry said it entails the second instalment of untied grants of the financial year 2024-25 amounting to Rs 219.24 crore. These funds are for all eligible 27 district panchayats, all eligible 182 block panchayats and all eligible 2,192 gram panchayats of the state. Further, ...Read More >
New Delhi [India], October 3 (ANI): Highlighting India's growing economic potential, the 15th Finance Commission Chairman NK Singh stated that the country's large unsaturated domestic market offers significant opportunities for private investment, public-private partnerships, external private investment, and internal resource mobilisation. Speaking on the sidelines of the 4th 'Kautilya Economic Conclave 2025' in the national captial on Friday, Singh said, "We are at the inflexion point when the ...Read More >
The Union Cabinet has increased the budgetary outlay for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) by ₹1,920 crore, bringing the total to ₹6,520 crore, aiming to boost the food processing sector. These enhanced funds will support the establishment of 50 multi-product food irradiation units and 100 food testing labs. The Union Cabinet on Thursday raised budgetary outlay for the flagship scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) by Rs 1,920 crore to Rs 6,520 crore to boost the f ...Read More >
New Delhi, July 15 (SocialNews.XYZ) Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday met the 16th Finance Commission Chairperson Arvind Panagariya here and sought cooperation for strengthening the financial condition of the state. CM Sukhu said Himachal Pradesh has been following the path of fiscal prudence and is one of the best performing states in the country on various parameters, including Sustainable Development Goals. The Chief Minister urged the commission to support the sta ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 2 ...Read More >
New Delhi, July 15 (SocialNews.XYZ) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday called on Union Minister for Road Transport and Highways Nitin Gadkari here and apprised him of the massive damages caused by flash floods in the state. CM Sukhu sought support for the repair and reconstruction of damaged roads. He also urged for inclusion of a few roads in the PM Gati Shakti Yojana. He also updated the Union Minister about the delays in National Highway (NH) projects due to v ...Read More >
New Delhi [India], June 8 (ANI): Prime Minister Narendra Modi on Sunday emphasised that women's empowerment is vital to India's growth, highlighting a shift in societal perspective where women are no longer limited to traditional roles. Instead, they are recognised as key drivers of progress, contributing significantly to the nation's development. The BJP-led NDA government at the centre released a book highlighting its achievements in empowering women over the last 11 years. As the NDA comple ...Read More >
New Delhi, Jun 7 (PTI) RBI Deputy Governor T Rabi Sankar has been appointed as a part-time member of the 16th Finance Commission, the finance ministry said on Saturday. The appointment, the ministry said, is consequent to the resignation of one of the full-time members, former finance secretary Ajay Narayan Jha, on personal grounds. "The President has appointed T Rabi Sankar, Deputy Governor, Reserve Bank of India (RBI), as a part-time Member of the 16th Finance Commission (XVIFC)," the minist ...Read More >
Lucknow: Days after the chairman of 16th Finance Commission Arvind Panagariya said that Uttar Pradesh, like many other states, had demanded increase in state's share from existing 41% to 50%, state finance minister Suresh Khanna said that such a demand has been raised by other states too and it is justified as UP has being doing better on several parameters.The UP govt's thrust before the 16th Finance Commission was on UP's share in central taxes which should be 20.47% against 17.93% it got in 1 ...Read More >
Principal Secretary to the Prime Minister, Dr. P. K. Mishra, addressed the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing at Geneva on 04th June 2025. He commended the UNDRR and its partners for convening this critical discussion. India also recognized the contributions of Brazil and South Africa in continuing the global dialogue through their G20 presidencies. Dr. Mishra underscored that DRR financing is not a peripheral issue but central to the effective functioning of nati ...Read More >
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