Finance Commission

Nagaland government forms 3rd State Finance Commission to strengthen municipal finances

Kohima, 24 May (MTNews): The Government of Nagaland has announced the formation of the 3rd Nagaland State Finance Commission with the objective of addressing the financial needs of the municipalities in the state. The commission, consisting of a Chairman and two other members, has been constituted for a period of 12 months from the date …

Nagaland government forms 3rd State Finance Commission to strengthen municipal finances Read More »

Union Finance Ministry releases 4th instalment of Post Devolution Revenue Deficit Grant; Nagaland receives Rs. 377.50 crore

Mokokchung, July 6 (MTNews): The Department of Expenditure, Ministry of Finance, has on Wednesday released the 4th monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 7,183.42 crore to 14 States. The grant has been released as per the recommendations of the Fifteenth Finance Commission.   The Fifteenth Finance Commission has recommended a …

Union Finance Ministry releases 4th instalment of Post Devolution Revenue Deficit Grant; Nagaland receives Rs. 377.50 crore Read More »