Centre releases Rs 8,873.6 cr fund to states to fight COVID-19

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Centre releases Rs 8,873.6 cr fund to states to fight COVID-19

The Finance Ministry has launched an quantity of Rs 8,873.6 crore upfront in the direction of central share of the State Disaster Response Fund (SDRF) for FY22 to assist states of their fight towards COVID-19. The advance launch of 1st instalment of central share in the direction of SDRF has been launched as a particular dispensation on the suggestions of the house ministry.

Normally, the primary instalment of SDRF is launched within the month of June as per the suggestions of the Finance Commission.

However, in leisure of regular process, not solely has the discharge of SDRF been superior, however the quantity has additionally been launched with out ready for the utilization certificates of the quantity supplied to the States within the final monetary 12 months.

Up to 50 per cent of the quantity launched i.e. Rs 4,436.8 crore can be utilized by the States for COVID-19 containment measures.

The funds from SDRF could also be utilized by the States for varied measures associated to containment of COVID-19 together with assembly the price of oxygen technology and storage vegetation in hospitals, ventilators, air purifiers, strengthening ambulance companies, COVID-19 hospitals, Covid Care Centres, consumables, thermal scanners, private protecting tools, testing laboratories, testing kits, containment zones, and so on.

(With IANS inputs)

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