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Start learning 50% faster. Sign in nowThe government released two instalments of tax devolution to states totalling over ₹ 1.16 lakh crore to help accelerate their capital expenditure as against normal monthly devolution of ₹ 58,333 crore. This would help strengthen the hands of states to accelerate their capital and developmental expenditure. Currently, 41 per cent of taxes collected by the Centre is devolved in 14 instalments among states in a fiscal year. Tax Devolution - It is based on a formulaic transfer of resources to states, determined by the Finance Commission. The tax devolution formula is based on the principles of need, equity, and efficiency. In other words, the formula is progressive – states in need of higher assistance receive a larger share of funds devolved.
The Rural Infrastructure Development Fund (RIDF) was established by which organization?
Which variety of Sorghum exhibits tolerance to drought and salinity?
Lime dressing raises the top 150 mm of soil of pH
Who first saw and described a live cell under microscope?
Match List-I with List-II and select the correct answer using the codes given below the lists.
Dog ridge is the rootstock of
Rice variety IR–36 belongs to the groups of:
Spices Board was constituted on _______ under the Spices Board Act 1986 (No. 10 of 1986)
Nalidixic acid, an antibiotic is an inhibitor of:
Which system of planting is most suitable for sloppy lands in hilly areas?