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    Want to get really good batting time in the middle, says Muzumdar during WC camp

    Want to get really good batting time in the middle, says Muzumdar during WC camp

    PKL 12: Bengal Warriorz ready to face defending champions Haryana Steelers in opening game

    PKL 12: Bengal Warriorz ready to face defending champions Haryana Steelers in opening game

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    Indian fan zones sold out 50 days ahead of white-ball tour of Australia, says CA

    US Open: Djokovic advances to fourth round with win over Norrie

    US Open: Djokovic advances to fourth round with win over Norrie

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    BWF World Championship: Dhruv-Tanisha's impressive run ends in quarterfinals

    Kabaddi legend Anup Kumar, Fazel Atrachali inducted in U Mumba's first-ever Hall of Fame 

    Kabaddi legend Anup Kumar, Fazel Atrachali inducted in U Mumba's first-ever Hall of Fame 

    I still need to throw little bit farther: Neeraj Chopra after finishing second in DL Final

    I still need to throw little bit farther: Neeraj Chopra after finishing second in DL Final

    US Open: Zverev, De Minaur march into Round 3; Altmaier upsets Tsitsipas

    US Open: Zverev, De Minaur march into Round 3; Altmaier upsets Tsitsipas

    Pro Kabaddi League season 12 kicks off in Vizag on National Sports Day

    Pro Kabaddi League season 12 kicks off in Vizag on National Sports Day

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Centre releases Rs 8,873.6 cr fund to states to fight Covid

ENEWSTIME Desk by ENEWSTIME Desk
May 1, 2021
in Business
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The Finance Ministry has released an amount of Rs 8,873.6 crore in advance towards central share of the State Disaster Response Fund (SDRF) for FY22 to help states in their fight against Covid-19.

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The advance release of 1st instalment of central share towards SDRF has been released as a special dispensation on the recommendations of the home ministry.

Normally, the first instalment of SDRF is released in the month of June as per the recommendations of the Finance Commission.

However, in relaxation of normal procedure, not only has the release of SDRF been advanced, the amount has also been released without waiting for the utilization certificate of the amount provided to the States in the last financial year.

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

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The funds from SDRF may be used by the States for various measures related to containment of COVID-19 including meeting the cost of oxygen generation and storage plants in hospitals, ventilators, air purifiers, strengthening ambulance services, COVID-19 hospitals, Covid Care Centres, consumables, thermal scanners, personal protective equipment, testing laboratories, testing kits, containment zones, etc.

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