Centre on Friday released tax devolution of Rs.1,73,030 crore to States as against the devolution of Rs.89,086 crore in December 2024.
According to Finance Ministry, a higher amount was being devolved this month to enable states to accelerate capital spending and finance their development and welfare-related expenditures. As per the state-wise breakup of amount released, Nagaland has received Rs.984.54 crore.
Monday, May 4, 2026