RT by @FinMinIndia: Timely financial support to Stat...

Timely financial support to States is essential for translating development priorities into meaningful outcomes and strengthening the foundations of a prosperous Bharat. The Union Government’s release of ₹1,09,019 crore in tax devolution as an advance instalment, ahead of the festive season, provides States with additional fiscal capacity to accelerate capital expenditure and meet their development and welfare commitments. Andhra Pradesh receiving ₹4,597 crore through this release comes at an important time, strengthening our resources to advance infrastructure development, improve essential public services and implement key development initiatives for the people of our State. My sincere gratitude to Hon’ble Prime Minister Shri @narendramodi Ji for his continued commitment to cooperative federalism and ensuring that States have the financial resources to pursue their development priorities. I also extend my sincere thanks to Hon’ble Union Finance Minister Smt. @nsitharaman Ji for facilitating this advance release and strengthening the fiscal capacity of State Governments. Empowered States build a stronger nation. Together, let us advance towards a developed Andhra Pradesh and a Viksit Bharat. - @PawanKalyan @PMOIndia @FinMinIndia @PIB_India @IPR_AP @pibvijayawada #AndhraPradesh #TaxDevolution #CooperativeFederalism Ministry of Finance (@FinMinIndia) 👉 Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment of tax devolution in view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure Read more ➡️ pib.gov.in/PressReleasePage.… — http://nitter.meowing.monster/FinMinIndia/status/2116541283535552888#m

RT by @FinMinIndia: Timely financial support to States is essential for translating development priorities into meaningful outcomes and strengthening the foundations of a prosperous Bharat. The Union

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