Home » National » Centre Releases XV Finance Commission Grants: ₹455 Cr for Odisha

Centre Releases XV Finance Commission Grants: ₹455 Cr for Odisha

Newdelhi:25/12/24; The Union Government has released Fifteenth Finance Commission (XV FC) Grants during Financial Year 2024–25, for Rural Local Bodies in Rajasthan and Odisha. For Rajasthan, 2nd installment of Untied Grants of the Financial Year 2024–25 amounting to Rs.560.63 crore along with the withheld amount of 1st installment of Untied Grants for Financial Year 2024–25 amounting to Rs.53.4123 crore has been released. These funds are for 10105 eligible Gram Panchayats, 315 eligible Block Panchayats, and 20 eligible District Panchayats of the State.

For Rural Local Bodies in Odisha, 2nd installment of Untied Grants of the Financial Year 2024–25 amounting to Rs.370.20 crore along with the withheld amount of 1st installment of Untied Grants for Financial Year 2024–25 amounting to Rs.84.5086 crore has been released. These funds are for all eligible 6794 Gram Panchayats, 314 Block Panchayats, and 30 District Panchayats of the State.

The United Grants will be utilized by the  Panchayati Raj Institutions (PRIs)/ Rural Local Bodies (RLBs) for location-specific felt needs, under the Twenty-Nine (29) Subjects enshrined in the Eleventh Schedule of the Constitution, except for salaries and other establishment costs. The Tied Grants can be used for the basic services of (a) sanitation and maintenance of ODF status, which should include management and treatment of household waste, and human excreta and fecal sludge management in particular, and (b) supply of drinking water, rainwater harvesting, and water recycling.

The government of India through Ministry of Panchayati Raj and Ministry of Jal Shakti (Department of Drinking Water and Sanitation) recommends the release of Fifteenth Finance Commission (XV FC) Grants to States for Rural Local Bodies which are then released by the Ministry of Finance. The allocated Grants are recommended and released in 2 installments in a Financial Year.

The Fifteenth Finance Commission Grants provided to Panchayati Raj Institutions (PRIs) / Rural Local Bodies (RLBs) play a crucial role in strengthening grassroots democracy. This financial support is improving rural local governance, enhancing accountability, and promoting self-reliance in villages.

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.
x

Check Also

Heartfelt Homage to Gandhiji on Martyrs’ Day

Bhubaneswar:30/1/25:The death anniversary of Mahatma Gandhi, the ardent apostle of truth and nonviolence is observed every year as Martyrs’ Day. Today on this occasion the state-level event was held on ...