The Hindu·2 min read·medium
Centre releases ₹2,597 crore to Kerala as ‘additional instalment’ of tax devolution to boost capital spending
T
The Hindu Bureau
✦AI Summary
The Indian Union government has released an additional ₹2,597 crore to Kerala as part of a broader tax devolution effort to boost state capital spending. This payment is separate from the routine monthly transfers and aims to strengthen state finances.
The Union government said on Saturday (August 1) that it has released ₹2,597 crore to Kerala as an “additional instalment” of the tax devolution to the State to boost capital spending.
politicseconomy
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