Bhubaneswar: May 09: The Department of Expenditure, Ministry of Finance,yesterday released an amount of Rs.333.8 Crore to Odisha. Ministry of Finance has provided the grant for the Rural Local Bodies (RLBs). The grants are meant for all the three tiers of Panchayat Raj Institutions-Village, Block and District.
Ministry has released a total amount of Rs. 8,923.8 crore to 25 States for the said purpose. The amount may be utilised by the RLBs, among other things, for various prevention and mitigation measures needed to combat the COVID-19 pandemic.
The amount released to States is the first installment of the ‘United Grants’ for the year 2021-22.
As per the recommendations of the 15th Finance Commission, the 1stinstalment of untied grants was to be released to the States in the month of June, 2021. However, in view of the ongoing COVID-19 pandemic situation and at the recommendation of the Ministry of Panchayati Raj, the Ministry of Finance has decided to release the grant in advance of the normal schedule.
Moreover, the 15thFinance Commission had imposed certain conditions for release of untied grants. The conditions include online availability of accounts of a certain percentage of Rural Local Bodies in the public domain. But taking into consideration the prevailing circumstances, this condition has been waived for release of the first instalment of untied grants.
