New Delhi/Guwahati: In a bid to support state-level development and welfare initiatives during the festive season, the Union government released Rs 1,01,603 crore as an additional tax devolution to all states on October 1, according to the Ministry of Finance.
This advance release supplements the regular monthly devolution of Rs 81,735 crore, scheduled for October 10, The Assam Tribune reported. The Finance Ministry said the extra funds are intended to help states increase capital expenditure and strengthen welfare schemes during the ongoing festival period.
Also Read: Currently there is a wholesale attack on the democratic system in India: Rahul Gandhi
Among the Northeastern states, eight collectively received Rs 8,668 crore, with Assam securing the highest allocation of Rs 3,178 crore. Arunachal Pradesh received Rs 1,785 crore, followed by Meghalaya (Rs 779 crore), Manipur (Rs 727 crore), Tripura (Rs 719 crore), Nagaland (Rs 578 crore), Mizoram (Rs 508 crore), and Sikkim (Rs 394 crore).
Reacting to the announcement, Assam Chief Minister Himanta Biswa Sarma expressed gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the timely financial support. “Grateful to Hon’ble Prime Minister Shri @narendramodi ji for releasing Rs 3,178 crore as advance tax devolution this festive season. Thanks to Hon’ble Union Minister Smt. @nsitharaman ji for facilitating this timely support, which will help us speed up our welfare efforts,” Sarma wrote on social media.
Also Read: Water Resources Minister Highlights Success in Flood Control
However, the 2025 advance devolution for Assam is lower compared to Rs 5,573 crore released during the same period last year.
Under India’s fiscal federal framework, the Union government devolves 41% of its tax revenue to the states in periodic installments, a mechanism designed to promote cooperative federalism and support the national vision of a “Viksit Bharat” (Developed India) by 2047.
