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.
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