India must build Future-Ready Workforce for a Global Automotive Industry: Kumaraswamy (See 'Corp Brief') Union Minister to launch fisheries Infrastructure projects worth Rs 36.49 Crore (See 'Corp Brief') Nadda reviews Progress of Rural Health Training Centre, Najafgarh (See 'Corp Brief') IPR - If plaintiff holds registered trademark rights and shows prima facie prior adoption and use, defendant's use of identical mark for identical hospitality & restaurant services is sufficient to justify interim injunctive relief: HC (See 'Legal Desk') 4th Indo-German Environment Forum to be held in New Delhi (See 'Corp Brief') ICAR-IIOR to host Industry Interface to Accelerate Commercialization of Oilseed Technologies (See 'Corp Brief') A&C - Arbitral award immune to interference merely because alternative interpretation of facts or contractual terms exists; cannot be quashed where award is plausible, logical & free from patent illegality, perversity, or conflict with public policy: HC (See 'Legal Desk') Manohar Lal directs Fast-track Project Implementation & Strengthening of Swachhata (See 'Corp Brief') MSDE in collaboration with UP Govt organises PM-SETU Industry Conclave in Lucknow (See 'Corp Brief') MoS holds interaction with delegation of Armed Forces HQ Association (See 'Corp Brief') NBA disburses Rs 5.68 Crore in Benefit-Sharing Funds for Biodiversity Conservation (See 'Corp Brief') Commerce Secretary Rajesh Agrawal Leads 4th India-Argentina JTC Meeting (See 'Corp Brief') IBC - Sale certificate issued by liquidator under insolvency proceedings in respect of property sold by public auction is not compulsorily registrable: HC (See 'Legal Desk') CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case (See 'Corp Brief') Acquire knowledge, question injustice through constitutional means: RM tells youth (See 'Corp Brief') Empowering mother can enable early identification of disability in child: MoS (See 'Corp Brief') MoS lays Foundation Stone of PMGSY Roads Worth Rs 1,503 Crore in Jammu (See 'Corp Brief') Companies Act - Corporate name change is merely alteration of MoA that preserves company's continuous legal identity, rights, liabilities & obligations without creating a new entity or dissolving the old one: HC (See 'Legal Desk') MCA convenes 'Tech for Professionals' Workshop (See 'Corp Brief') Joshi to inaugurate New Testing Facilities at Jakkuru Campus (See 'Corp Brief') IPR - In action for passing off involving composite trademarks, anti-dissection rule is paramount: HC (See 'Legal Desk') Good Corporate Governance Is Central to India's Development: MoS (See 'Corp Brief') CTTC Bhubaneswar trains Over 8,000 Engineering Students Through Summer Internship (See 'Corp Brief') Trade Mark - Mocha vs Mocha Kaffee - Injunction granted on use of deceptively similar and phonetically similar trade mark - prima facie case is made out that latter mark intents to ride on strong goodwill & reputation of the former: HC (See 'Legal Desk') PARIVARTAN Scheme gains momentum: 1,300+ beneficiaries registered (See 'Corp Brief') Self-Help Groups have become backbone of rural transformation: Chouhan (See 'Corp Brief') IBC - Violation of the principles of natural justice cannot be alleged when a financial institution denies an extension of time under circumstances marked by deliberate dilatory tactics: HC (See 'Legal Desk') HM inaugurates 'Gujarat Gaurav Sarovar' in Amreli, Gujarat (See 'Corp Brief') Chouhan joins Khelo India Samvaad at Mata Sundari College in Delhi (See 'Corp Brief') Limitation - Sufficient cause u/s 5 cannot be construed so liberally as to condone gross negligence, prolonged inaction or lack of bona fide - discretion to condone delay be exercised judicially rather than on sympathetic considerations: HC (See 'Legal Desk') SIDBI organizes conclave of Heads of RRBs for MSME Co-Lending arrangement (See 'Corp Brief') Prasada strengthens India-Morocco Economic Partnership (See 'Corp Brief') IPR - Without solid proof of 'deceptive similarity' or established market 'goodwill,' brand owner cannot restrain competitor from using common descriptive words or distinct symbols: HC (See 'Legal Desk') India, Seychelles hold Bilateral Meeting to strengthen Strategic Cooperation in Fisheries (See 'Corp Brief') IPR - Applicant may correct or amend trademark application so long as change does not amount to substantial alteration of mark originally applied for: HC (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

15th Finance Commission recommends grants to RLBs in 28 States

Published: Sep 21, 2020

By TIOLCORPLAWS News Service

NEW DELHI, SEPT 21, 2020: THE Fifteenth Finance Commission (XV FC) in its report for 2020-21 has recommended grants for Rural Local Bodies (RLBs) in 28 States. The grants have been recommended for all tiers of the Panchayati Raj and also to the Fifth and Sixth schedule areas. The grants are provided in two parts, namely, (i) Basic (Untied) Grants and (ii) Tied Grants in the ratio of 50:50. The basic grants are untied and can be used by RLBs for location-specific felt needs, except for salary or other establishment expenditure. The tied grants can be used for the basic services of (a) sanitation and maintenance of Open-Defecation Free (ODF) status and (b) supply of drinking water, rain water harvesting and water recycling. The RLBs shall, as far as possible, earmark one half of these Tied Grants each to these two critical services.  However, if any RLB has fully saturated the needs of one category, it can utilize the funds for the other category. The total size of the XV FC Grants allocation recommended is Rs 60,750 crore in 2020-21. Grants to RLBs are to be released in two equal installments.

XV FC Basic (Untied) Grants and Tied Grants of Rs 15187.50 crores each were released to the States by the Ministry of Finance on 17.6.2020 and 15.07.2020 respectively. State-wise allocations and release of the XV FC Grants is as per Annexure.

Annexure

State-wise allocations and release of Fifteenth Finance Commission (XV FC) Grants during F.Y. 2020-21

(Rs. in Crore)

Sl. No.
State

Allocation

for

2020-21

XV FC 1 st installments released by MoF
Total Release
Basic(Untied) Grants
Tied Grants

1

Andhra Pradesh

2625

656.25

656.25

1312.5

2

Arunachal Pradesh

231

57.75

57.75

115.5

3

Assam

1604

401

401

802

4

Bihar

5018

1254.5

1254.5

2509

5

Chhattisgarh

1454

363.5

363.5

727

6

Goa

75

18.75

18.75

37.5

7

Gujarat

3195

798.75

798.75

1597.5

8

Haryana

1264

316

316

632

9

Himachal Pradesh

429

107.25

107.25

214.5

10

Jharkhand

1689

422.25

422.25

844.5

11

Karnataka

3217

804.25

804.25

1608.5

12

Kerala

1628

407

407

814

13

Madhya Pradesh

3984

996

996

1992

14

Maharashtra

5827

1456.75

1456.75

2913.5

15

Manipur

177

44.25

44.25

88.5

16

Meghalaya

182

45.5

45.5

91

17

Mizoram

93

23.25

23.25

46.5

18

Nagaland

125

31.25

31.25

62.5

19

Odisha

2258

564.5

564.5

1129

20

Punjab

1388

347

347

694

21

Rajasthan

3862

965.5

965.5

1931

22

Sikkim

42

10.5

10.5

21

23

Tamil Nadu

3607

901.75

901.75

1803.5

24

Telangana

1847

461.75

461.75

923.5

25

Tripura

191

47.75

47.75

95.5

26

Uttar Pradesh

9752

2438

2438

4876

27

Uttarakhand

574

143.5

143.5

287

28

West Bengal

4412

1103

1103

2206

 

Total

60,750

15,187.5

15,187.5

30,375

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