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Finance Ministry releases Rs 12,351 crore to 18 states for RLB grant

This amount is the second instalment of basic grants released in the financial year 2020-21, the ministry said in a statement.

January 27, 2021 / 05:40 PM IST

The Finance Ministry on Wednesday said it has released Rs 12,351 crore to 18 states for providing grants to the rural local bodies.

This amount is the second instalment of basic grants released in the financial year 2020-21, the ministry said in a statement.

"The Department of Expenditure, Ministry of Finance has released an amount of Rs 12,351.5 crore to 18 States for providing grants to the Rural Local Bodies (RLBs)," it said.

The grants to RLBs are released as per the recommendations of the 15th Finance Commission to create community assets and improve the financial viability of the rural local bodies.