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 Sikkim’s Ru-Soam Bridge Set for UNESCO Collaboration, Cultural Recognition
18th April 2025
Live Custodial Death in Manipur, Joint Action Committee Calls for CBI Probe
18th April 2025
Live 5th Assam State Equestrian Championship Kicks Off in Guwahati
18th April 2025
Live NFL to Invest Rs 572 Crore for 18% Stake in Namrup-IV Urea Plant Joint Venture in Assam
18th April 2025
WE RECOMMEND
Extortion Fear Grips Shillong as Viral Demand Note Sparks Probe; Police Urge Victims to File Complaints
The image, which circulated widely on social media, has raised serious concerns about the presence of an extortion racket.
18th April 2025
Meghalaya BJP VP Bernard Marak Accuses NPP-led GHADC of Appointing ‘Fake CA’ to Evade Taxes
He has urged the CEM and other ruling members of GHADC to immediately revoke any agreements made with Jain.
16th April 2025
New Cenotaph in Same Place Where the Demolished WW-I Cenotaph Stood: Meghalaya Minister Marcuise Marak
The Committee decided to request government to initiate an enquiry leading to the dismantling of the Cenotaph
15th April 2025
Meghalaya Wins for Best Children’s Aadhaar Biometric Updation Across India
Nodal Officer for Aadhaar from the General Administration Department (GAD), accepted the awards on behalf of the government.
14th April 2025
Meghalaya Govt Plans to Introduce Khasi and Garo as Compulsory Languages Till Class 4
The move is aimed at promoting linguistic unity and preserving local languages in Meghalaya
13th April 2025