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Center released Rs 564.50 crore as the first installment for the rural bodies in Odisha

in State News June 18, 2020 Comments Off on Center released Rs 564.50 crore as the first installment for the rural bodies in Odisha 380 Views

New Delhi: 18/6/20: The Finance Ministry has released Rs 564.50 crore as the first installment for the rural bodies in Odisha to revive economic activities. The Ministry has released a total of Rs 15,187 crore for 28 states.

“Based on the recommendations of the 15th Finance Commission, @FinMinIndia today (Wednesday) released Rs 15,187.50 crore to 28 states as the 1st installment of Rural Local Bodies Basic (Untied) Grants for 2020-21,” the Office of Finance Minister Nirmala Sitharaman tweeted.

The state finance department shall transfer grants-in-aid within 10 working days of receipt from the Union government. Any delay beyond 10 working days will require the state government to release the same with interest,” the Department of Expenditure under the Finance Ministry said.

The basic grants can be used by the local bodies for location-specific felt needs, except for salary or other establishment expenditure, the department added.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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