The Indian Finance ministry has released an amount of Rs 8,923.8 crore to 25 States as grantsto the Rural Local Bodies (RLBs).
The grants are meant for all the three tiers of Panchayati Raj Institutions – village, blockand district.
The amount released on Saturday is the first instalment of the ‘Untied Grants’ for theyear 2021-22. It is meant to be utilised by the RLBs, among other things, for variousprevention and mitigation measures needed to combat the COVID-19 pandemic.
Thus, itwill augment resources to the three tiers of Panchayats for fighting the contagion.