Centre releases Rs 536 cr tax share of Meghalaya, CM Sangma thanks PM Modi
First Published: 12th June, 2024 13:05 IST
CM Sangma said that this is a great way to start the new government.
Meghalaya Chief Minister Conrad Sangma has thanked Prime Minister Narendra Modi and the Ministry of Finance for releasing an additional devolution instalment of Rs 536 crores and a total of Rs 1072.90 crore to Meghalaya for the month of June.
Chief Minister Sangma who also holds the finance portfolio said that the additional funds provided by the Center would help the state implement developmental projects.
Taking to X, CM Sangma wrote, “We express our gratitude to the Ministry of Finance, GoI for releasing an additional installment of the share of central taxes of INR 536 crores to Meghalaya and a total of Rs 1072.9 crore for June. This additional money will enable the State to accelerate the ongoing development projects.”
https://x.com/SangmaConrad/status/1800381267403534633
CM Sangma said that this is a great gesture by Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman and a great way to start the new government.
The Centre on Monday approved the release of tax devolution of Rs 1,39,750 crores to states for June. Apart from the regular release of the devolution amount for the month of June, an announcement of one additional instalment was also made by the Ministry of Finance.
The Interim Budget 2024-25 has a provision of Rs. 12,19,783 crore towards the devolution of taxes to states.
With this release, the total amount devolved (for fiscal year 2024-25) to states till 10 June 2024 is Rs. 2,79,500 crore.
Also Read: Meghalaya Govt invites HNLC to resume peace talks
COMMENTS
TOPMOST STORY NOW
Live Assam: After 43 Years, Cong’s Hussain Family Bastion Samaguri Falls, BJP New Comer Diplu Ranjan Wrests Seat with 78,789 votes
23rd November 2024
Live We Don’t Have Culture of Use and Throw: CM Conrad on Allies After Wife Wins Gambegre, Party Tally Goes Up to 32
23rd November 2024
Live Security Advisor Kuldiep Singh, DGP Rajiv Singh Inspects Indo-Myanmar Border and Fencing Projects
23rd November 2024
Live Assam Bypoll Results: NDA Sweeps 5 Seats, Heartbreak for Cong as its Samaguri Fort Falls
23rd November 2024
WE RECOMMEND
We Don’t Have Culture of Use and Throw: CM Conrad on Allies After Wife Wins Gambegre, Party Tally Goes Up to 32
Mehtab Chandee registered a convincing win in Gambegre helping the ruling NPP take its tally to single majority mark of 32.
23rd November 2024
3 Records that Meghalaya CM Conrad Sangma’s Wife Mehtab Created By Winning Gambegre Bypoll
Mehtab Chandee Sangma, wife of Conrad and NPP’s winning candidate for the Gambegre seat created history today on three counts.
23rd November 2024
Assam By-Poll Results: UPPL’s Nirmal Kumar Brahma Wins Sidli Seat, Defeats BPF’s Shuddho Kumar Basumatary By 37,016 Votes
He defeated BPF’s Shuddho Kumar Basumatary, who received 58,227 votes, and Congress’s Sanjib Warie, who garnered 7,634 votes.
23rd November 2024
Meghalaya Bypoll Results: CM Conrad Sangma’s Wife, Debutant Mehtab Chandee Wins Gambegre, Defeats TMC’s Sadhiarani Sangma by 4594 Votes
Big loss TMC, BJP and Congress who fielded veterans
23rd November 2024
By-Poll Vote Counting For 1 Seat In Meghalaya And 5 In Assam Begins
The results are expected to be declared by the evening.
23rd November 2024