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Center Grants Rs 8923.8 Crore To Panchayats In 25 States

Center grants Rs 8923.8 crore to panchayats in 25 states to help fight Corona.

The central government has released a grant of Rs 8923.8 crore to the panchayats in 25 states in view of the coronavirus epidemic.

The Finance Department of the Finance Ministry on Saturday released an amount of Rs 8,923.8 crore to 25 states for providing grants to rural local bodies (RLBs).

This grant is for the three levels of Panchayati Raj Institutions – Village, Block, and District. The Finance Ministry gave this information by tweeting on Sunday.

Center grants Rs 8923.8 crore to panchayats: According to this list, Uttar Pradesh has got the highest amount of Rs 1441.6 crore.

Apart from this, 652.2 crores to West Bengal, 741.8 crores to Bihar, 472.4 crores to Gujarat, 187 crores to Haryana.

249.8 crores to Jharkhand, 475.4 crores to Karnataka, 588.8 crores to Madhya Pradesh, 861.4 crores to Maharashtra, 570.8 crores to Rajasthan and Tamil Nadu. Has received a grant amounting to Rs. 533.2 crores.

According to the recommendations of the 15th Finance Commission, the first installment of the United Grants was to be released to the states in June 2021.

But in view of the current COVID-19 pandemic situation and on the recommendation of the Ministry of Panchayati Raj, the Ministry of Finance decided to release the grant prematurely.

Rakesh Jhunjhunwala bets big on this company of Tata Group, you can also earn

Big bull Rakesh Jhunjhunwala of Share Market has recently changed his holdings in 12 companies. Of these, he has increased his stake in 5 stocks while in 7 companies he has reduced.

In the rest of the companies, they have maintained a balance. One of these stocks is Rallis India, which has done well in recent times. According to market experts, this stock can see a good movement in 3 to 6 months.

Good rate around 260 rupees

According to Sandeep Jain of Tradeshift, the rate of Rallis India is still going up. It can be taken at a target of Rs 325 for 3 to 6 months.

However, it would be better to buy it when the price drops. If the rate is around 250-260 rupees, then it would be better to buy. Its CMP is Rs 293.

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