Itanagar, Aug 1 (PTI) Chief Minister Pema Khandu on Saturday said the Centre’s advance tax devolution of Rs 1,476 crore to Arunachal Pradesh will strengthen the frontier state’s finances, enabling faster implementation of capital projects, infrastructure development and public welfare initiatives.
The Union Government on Saturday released tax devolution of Rs 1,09,019 crore to state governments, as one advance instalment to accelerate their capital and developmental expenditure.
Khandu expressed gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the advance release, describing it as a reflection of the Centre’s commitment to cooperative federalism.
“Heartfelt gratitude to Hon’ble Prime Minister Shri Narendra Modi Ji and Hon’ble Union Finance Minister Smt Nirmala Sitharaman Ji for releasing an advance instalment of tax devolution to the states, reinforcing the spirit of cooperative federalism,” Khandu said in a post on X.
The chief minister said the allocation is particularly significant for Arunachal Pradesh, given its strategic location and challenging geographical conditions.
“Arunachal Pradesh has been allocated Rs 1,476 crore as part of this advance release, an amount that is particularly significant for a small, strategically important, and geographically challenging frontier state,” he said.
Khandu further observed that on a per capita basis, Arunachal Pradesh continues to receive one of the highest shares among Indian states, reflecting the Finance Commission’s recognition of our vast terrain, sparse population, infrastructure needs, and strategic importance.
He said the timely release would further strengthen the state’s finances and speed up the execution of key development projects.
“This timely release will strengthen the state’s finances, enabling faster implementation of capital projects, infrastructure development, and public welfare initiatives that directly benefit our people,” the chief minister added. PTI UPL UPL RG
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