STOCK MARKET BSE NSE

Centre releases first instalment of Rs 8873.6 crore under State Disaster Response Fund to states

The ministry said that up to 50 per cent of the amount released i.e. Rs 4436.8 crore can be used by the states for COVID-19 containment measures.

Published: 01st May 2021 10:15 AM  |   Last Updated: 02nd May 2021 05:50 AM   |  A+A-

The Ministry of Finance office in New Delhi (Photo | PTI)

The Ministry of Finance office in New Delhi (File Photo | PTI)

By Express News Service

NEW DELHI: The Centre has released the first instalment, Rs 8,873.6 crore, of State Disaster Response Fund (SDRF) in advance to the states in view of the continuing COVID-19 surge. Half of the amount, i.e. Rs 4,436 crore can be used for COVID-19 containment measures, including setting up of hospitals and oxygen generation units.

The Union Home Ministry said as a special dispensation, the Department of Expenditure, under the Ministry of Finance, has released the amount in advance of the normal schedule at its recommendation. An amount of Rs 8,873.6 crore has been released to the states, an official statement said.

Normally, the first instalment of the SDRF is released in June according to the recommendations of the Finance Commission, the ministry said, in a statement. However, in relaxation of the normal procedure, not only has the release of the SDRF been advanced but the amount has also been released without waiting for the utilisation certificate of the amount provided to the states in the last financial year.

Of the total amount released by the Centre, the worst affected states of Maharashtra, Madhya Pradesh, Uttar Pradesh, Gujarat, Karnataka and Kerala will get Rs 1,288.80 crore, Rs 728 crore, 773.20 crore, 529.60 crore, 316.40 crore and Rs 125.60 crore respectively.

Of the total amount, following sums would be released to Haryana (Rs 196.40 crore), Himachal Pradesh (Rs 163.60 crore), Jharkhand (Rs 227.20 crore), Odisha (Rs 641.60 crore), Punjab (Rs 198 crore), Rajasthan (Rs 592.40 crore), Telangana (Rs 179. 60), Tamil Nadu (Rs 408 crore), Uttarakhand (Rs 374.80 crore) and West Bengal (Rs 404.40 crore).

The funds from the SDRF may be used by the states for meeting the cost of oxygen generation and storage plants in hospitals, ventilators, air purifiers, strengthening ambulance services, COVID-19 hospitals, COVID care centres, etc.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp