Finance Minister allocates Rs 2497 crore as tax devolution for Arunachal

Guwahati: Finance Minister Nirmala Sitharaman has approved an additional installment of Rs 2497 crore as tax devolution to Arunachal Pradesh, according to an announcement made by Arunachal Pradesh Chief Minister Pema Khandu on the microblogging site X.

Expressing gratitude, Chief Minister Pema Khandu conveyed his thanks to Hon’ble Finance Minister Smt @nsitharaman for releasing the additional installment of #TaxDevolution. He emphasized the positive impact it would have on strengthening infrastructure and expanding the scope and reach of welfare schemes in Arunachal Pradesh.

I thank Hon'ble Finance Minister Smt @nsitharaman ji from the core of my heart for releasing another additional installment of #TaxDevolution of Rs 2497 crore to Arunachal Pradesh. It'll certainly help us in further strengthening infrastructure apparatus, and expanding the scope… pic.twitter.com/kjnzlMzpGM
— Pema Khandu པདྨ་མཁའ་འགྲོ་། (@PemaKhanduBJP) March 1, 2024

The funds allocated to Arunachal Pradesh are part of a larger sum disbursed to various states across the country, aiming to bolster their developmental endeavors. The state-wise breakdown of the amounts released demonstrates the government’s commitment to fostering equitable growth and prosperity.

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