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    Home » Finance » Centre releases first instalment of Rs 8873.6 crore under SDRF to states

    Centre releases first instalment of Rs 8873.6 crore under SDRF to states

    By Cheshta BakshiMay 1, 2021 Finance No Comments2 Mins Read
    Centre releases first instalment of Rs 8873.6 crore under State Disaster Response Fund to states
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    The ministry says up to 50 per cent of the amount released i.e. Rs 4436.8 crore can be used by the states for COVID-19 containment measures

    New Delhi [India]

    The first instalment of the central share of the State Disaster Response Fund (SDRF) of Rs 8873.6 crore for the year 2021-22 has been released to all the states, said the Ministry of Finance on Saturday.

     The ministry said that up to 50 per cent of the amount released i.e. Rs 4436.8 crore can be used by the states for COVID-19 containment measures.

     It also said that an amount of Rs 8873.6 crore has been released to the states at the recommendation of the Ministry of Home Affairs.

     Normally, the first instalment of SDRF is released in the month of June as per the recommendations of the Finance Commission.

    1st instalment of Rs. 8873.6 crore for State Disaster Response Fund (#SDRF) released in advance. Up to 50% of the amount released i.e. Rs.4436.8 crore can be used by the States for #COVID19 containment measures@PIB_India @FinMinIndia #Unite2FightCorona #IndiaFightsCOVID19

    — DD News (@DDNewslive) May 1, 2021

     “However, in relaxation of normal procedure, not only has the release of SDRF been advanced, the amount has also been released without waiting for the utilization certificate of the amount provided to the States in the last financial year,” it said.

     The funds from SDRF may be used by the states for various measures related to containment of COVID-19 including meeting the cost of oxygen generation and storage plants in hospitals, ventilators, air purifiers, strengthening ambulance services, COVID-19 hospitals, Covid Care Centres, consumables, thermal scanners, personal protective equipment, testing laboratories, testing kits, containment zone, etc.

    Covid -19 fund Ministry of finance SDRF
    Cheshta Bakshi
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    Cheshta Bakshi gave Digpu the slogan 'Free Voice With A Critical Edge'. With over 6 years of experience in Research and Analysis, she has also published her research on Information and Communication Technology(ICT). She is best known for strong opinions and bringing out exclusive news stories.

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