Agartala: The Union Government has released grants from the Fifteenth Finance Commission for the financial year 2024–25, designated for Rural Local Bodies (RLBs) in Tripura and Mizoram.
According to a report, the 1st installment of untied grants amounting to Rs. 31.40 crores and the 1st installment of tied grants amounting to Rs. 47.10 crores have been released for Rural Local Bodies in Tripura.
“These funds are allocated for all 1,260 Rural Local Bodies, including Traditional Local Bodies such as TTAADC (Tripura Tribal Areas Autonomous District Council) and 587 Village Committees,” stated the report.
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For Mizoram, the commission has released the 2nd installment of untied grants for the financial year 2022–23, amounting to Rs. 14.20 crores, and the 2nd installment of tied grants for the same financial year, amounting to Rs. 21.30 crores.
The report said that these funds are allocated for all 834 Village Councils, including those within Autonomous District Council areas.
Reacting on the matter, Tripura Finance Minister Pranajit Singha Roy told Business North East that the grants released by the Union Government for the Rural Local Bodies, including the Tripura Tribal Areas Autonomous District Council (TTAADC), will boost development work within the district council.
He explained that the grant from the Central Government is provided under the 15th Finance Commission.
"We have many demands, including a special demands for the TTAADC. Apart from this, the state government has already allocated Rs 30 crore to the TTAADC, separate from the state budget, to support various development projects and ensure they face no obstacles in their work. Despite severe challenges due to flooding, we have announced DA and DR for government employees and pensioners, and declared various welfare decisions for the Tripura State Rifles and Tripura Police. The development of the TTAADC is crucial and has been a longstanding demand. Now, with support from the Centre, development in the TTAADC will get a significant boost. This grant from the 15th Finance Commission will going to help the district council,” he added.
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