Latest

Center releases Rs 15 cr to Nagaland as 1st installment of ‘Urban Local Body Tied Grants’

Central government releases Rs 15 cr to Nagaland as 1st installment of 'Urban Local Body Tied Grants'

Kohima, November 06 (NEx): The Central government on Thursday released Rs 7,419.75 crore as first installment of Urban Local Body Tied Grants for the year 2020-21 for Million Plus Cities and Non-Million Plus Cities; based on the population.

Taking to Twitter, Union Finance Minister, Smti Nirmala Sitharaman said, based on 15th Finance Commission recommendations, Government released Rs 7,419.75 crore as 1st installment of Urban Local Body tied grants (2020-21) for Million Plus Cities/Agglomerations & Non-Million Plus Cities for better conservation, supply and management of water and efficient solid waste management.

Out of the total amount of Rs 7,419.75 cr released on Thursday, Rs 2,414.50 crore has been released for Million Plus Cities/Agglomerations, Rs 5,005.25 crore has been released for Non-Million Plus Cities.

According to Finance Ministry notification, the Central government has released rupees 15 crores to Nagaland State as 1st installment of Urban Local Body Tied Grants (2020-21) for Non-Million Plus Cities.

(First installment of ULB grant for Non-Million Plus Cities | Finance Ministry, GoI)

Along with Nagaland State, 26 other State/UT received the first installment of Urban Local Body Tied Grants (LBTG) for Non-Million Plus Cities amounting to Rs 5,005.25 crore. While LBTG for Million Plus Cities amounting to Rs 2,414.50 crore was released to 50 cities across India, Finance Ministry notified.

These tied grants are to be utilized by the local bodies for drinking water; including rain water harvesting & recycling and solid waste management as recommended by Finance Commission, it stated.