Centre gives Rs 805 cr to Punjab under NSSF

Tribune News Service

New Delhi, March 26

The Finance Ministry today said it has released Rs 805.17 crore to Punjab under the National Small Savings Fund (NSSF).

A statement said a total amount of Rs 2,045.16 crore had been released to Punjab during the financial year 2014-15.

The Finance Ministry said final release under the National Small Savings Fund (NSSF) was made by the Union Government to various state governments against collections made under Small Savings Schemes and amount received on redemption of special state and Central Government securities. 

From the above amount, the Government of Punjab has been released an amount of Rs 805.17 crore. After including this release, the total amount released against small savings collections to the Government of Punjab will be Rs 2,045.16 crore for the FY 2014-15.