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FinMin releases first instalment worth Rs 8,873 cr of SDRF to states

Up to 50 per cent of the amount released, which is Rs 4436.8 crore, can be used by the states for coronavirus (Covid-19) containment measures

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The funds from the SDRF may be used by the states for various measures related to containment of Covid-19

Press Trust of India New Delhi

2 min read Last Updated : May 01 2021 | 1:12 PM IST

The Finance ministry on Saturday said it has released in advance to the states the first instalment worth Rs 8,873.6 crore of the state disaster response fund (SDRF) for the current fiscal.

Up to 50 per cent of the amount released, which is Rs 4436.8 crore, can be used by the states for coronavirus (Covid-19) containment measures.

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

"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

Topics : Coronavirus Coronavirus Vaccine Finance Ministry

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