HomeLatestCentre releases XV Finance Commission grants for Rajasthan and Odisha

Centre releases XV Finance Commission grants for Rajasthan and Odisha

New Delhi [India], December 25 (ANI): The Union Government, on Wednesday, introduced the Fifteenth Finance Commission (XV FC) Grants for Rural Local Bodies (RLBs) in Rajasthan and Odisha for Financial Year 2024-2025, the Ministry of Panchayati Raj acknowledged in a launch.

For Rajasthan, 2nd installment of Untied Grants of the Financial Year 2024-25 amounting to Rs 560.63 crore together with the withheld quantity of 1st installment of Untied Grants for Financial Year 2024-25 amounting to Rs 53.4123 crore has been launched.

These funds are for 10105 eligible Gram Panchayats, 315 eligible Block Panchayats and 20 eligible District Panchayats of the State, as per the ministry.

While for RLBs in Odisha, 2nd installment of Untied Grants of the Financial Year 2024-25 amounting to Rs 370.20 crore together with the withheld quantity of 1st installment of Untied Grants for Financial Year 2024-25 amounting to Rs 84.5086 crore has been launched, the ministry acknowledged.

These funds are for all eligible 6794 Gram Panchayats, 314 Block Panchayats and 30 District Panchayats of the State.

The Untied Grants will likely be utilized by the Panchayati Raj Institutions (PRIs)/ Rural Local Bodies (RLBs) for location-specific felt wants, below the Twenty-Nine (29) Subjects enshrined within the Eleventh Schedule of the Constitution, apart from salaries and different institution prices.

The Tied Grants can be utilized for the essential providers of (a) sanitation and upkeep of ODF standing, and this could embrace administration and therapy of family waste, and human excreta and fecal sludge administration particularly and (b) provide of ingesting water, rainwater harvesting and water recycling.

Government of India by way of Ministry of Panchayati Raj and Ministry of Jal Shakti (Department of Drinking Water and Sanitation) recommends launch of Fifteenth Finance Commission (XV FC) Grants to States for Rural Local Bodies that are then launched by Ministry of Finance.

The allotted Grants are beneficial and launched in 2 installments in a Financial Year.

The Fifteenth Finance Commission Grants offered to Panchayati Raj Institutions (PRIs) / Rural Local Bodies (RLBs) play an important function in strengthening grassroots democracy. This monetary assist is bettering rural native governance, enhancing accountability, and selling self-reliance in villages. (ANI)

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