Finance Department released funds to the PSPCL and others

Context: Recently, Finance Department has released ₹427 crore on account of power subsidy to the PSPCL, centrally sponsored schemes, PRTC, and payment for retirement benefits of employees who superannuated till November 15, 2019.

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  • 100 crore has been released to the PSPCL against agriculture power subsidy to farmers
  • 163 crore was released for making payments for retirement benefits, including GPF and leave encashment, to employees.
  • A sum of  36.29 crore has been released for the execution of various development works under NABARD 
  • 64.30 crore on account of medical, petroleum oil and lubricant, water/electricity, material supplies and office expenses till January 29
  • The department has released  59.16 crore under the centrally sponsored scheme, including Central Road Fund (14.01 crore)Integrated Child Development Services (14.49 crore), National Livelihood Mission (6.67 crore), Samagra Shiksha Abhiyan (secondary) 5.60 crore, upgrading of medical college in Amritsar (5.56 crore), infrastructure facilities for judiciary (4.83 crore), and National Health Mission (3.65 crore).
  • ₹4.35 crore has been released for other miscellaneous projects/schemes under CSS, including National Rural Drinking Water Mission, Blue Revolution, Modernization of Police Forces, National Education Mission and Swachh Bharat Mission. The department has also released  ₹4.25 crore to the PRTC for technical education.

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