Fifteenth Finance Commission Grants for Rural Local Bodies
Summary: The Fifteenth Finance Commission (XV FC) grants for 2024-25 support Rural Local Bodies (RLBs) in Haryana, Tripura, and Mizoram. Aimed at enhancing rural governance, Haryana received Rs.194.867 crores in untied funds, Tripura received Rs.31.4 crores in untied and Rs.47.1 crores in tied grants, while Mizoram was allocated Rs.14.2 crores and Rs.21.3 crores in untied and tied grants respectively. These funds, categorized into untied (for general needs) and tied (for specific services like sanitation and water management), reflect the national vision of inclusive growth and are managed by the Ministries of Panchayati Raj, Jal Shakti, and Finance.
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