Key Points
The Centre released an amount of Rs. 7,532 crores to 22 State governments for the respective State Disaster Response Funds (SDRF) on Wednesday...
In the wake of heavy rains across the country, the guidelines have been relaxed and the amount has been released as immediate assistance to States without waiting for the utilisation certificate of the amount provided to the States in the last financial year, Ministery of Finance said in a statement...
The annual central contribution is released in two equal instalments as per the recommendation of the Finance Commission.As per the guidelines, the funds are released on receipt of the utilisation certificate of the amount released in the earlier instalment and receipt of a report from the states on the activities undertaken by SDRF.However, in view of the urgency, these requirements were waived while releasing the funds this time...
Allocation of SDRF funds to the States is based on multiple factors like past expenditure, area, population, and disaster risk index.These factors reflect States institutional capacity, risk exposure, and hazard and vulnerability...
Based on the 15th Finance Commission recommendations, the Central Government has allocated Rs. crore for SDRF for the years 2021-22 to 2025-26.Out of this amount, the central governments share is Rs.98,080.80 crore...
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Rain havoc: Centre releases Rs 7,532 crore to states under SDRF
12, Jul, 23The finance ministry on Wednesday released Rs 7,532 crore to 22 state governments under the State Disaster Response Fund (SDRF) amid rain causing havoc in the northern parts of the country.