THEBUSINESSBYTES BUREAU
NEW DELHI, NOVEMBER 5, 2026
In a move aimed at boosting states' spending capacity ahead of the
festive season, the Centre on Thursday released Rs 1,09,019 crore as the
regular instalment of tax devolution to state governments, advancing the
payment by five days to help them accelerate capital expenditure and meet
development and welfare commitments.
The monthly instalment, which was otherwise scheduled to be released on
November 10, was disbursed on November 5 in view of the upcoming festive
season, the Finance Ministry said.
The advance release is expected to provide additional financial resources
to states for stepping up infrastructure development, accelerating ongoing
projects and meeting expenditure requirements related to public welfare
programmes.
Uttar Pradesh received the largest share of Rs 19,208 crore, followed by
Bihar at Rs 10,845 crore and Madhya Pradesh at Rs 8,010 crore, according to the
state-wise distribution of funds.
West Bengal was allocated Rs 7,866 crore, while Maharashtra received Rs
7,022 crore and Rajasthan Rs 6,460 crore. Odisha received Rs 4,819 crore,
followed by Andhra Pradesh at Rs 4,597 crore, Karnataka at Rs 4,504 crore and
Tamil Nadu at Rs 4,466 crore.
Among other states, Gujarat received Rs 4,094 crore, Jharkhand Rs 3,660
crore, Chhattisgarh Rs 3,602 crore and Assam Rs 3,552 crore. Kerala was
allocated Rs 2,597 crore, Telangana Rs 2,370 crore and Punjab Rs 2,176 crore.
Haryana received Rs 1,484 crore, Arunachal Pradesh Rs 1,476 crore and
Uttarakhand Rs 1,244 crore. Himachal Pradesh was allocated Rs 996 crore,
Tripura Rs 699 crore, Meghalaya Rs 688 crore, Manipur Rs 682 crore, Mizoram Rs
615 crore, Nagaland Rs 524 crore, Goa Rs 398 crore and Sikkim Rs 365 crore.
The tax devolution forms part of the Centre's transfer of tax revenues to states, enabling them to meet their expenditure requirements and finance development and welfare initiatives.
The advance release is intended to ensure that state governments have additional funds at their disposal during the festive period, while also supporting their capital spending plans.
