CM thanks PM Modi for release of advance tax devolution

Shillong, Nov 1: Chief Minister Conrad K Sangma has expressed his gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman following the receipt of Rs 688 crore by Meghalaya as advance tax devolution from the Centre.

“Sincere gratitude to the Hon’ble Prime Minister, Shri @narendramodi ji, for releasing an advance instalment of tax devolution to the States,” Sangma posted on X on Sunday.

Hailing the release of states’ shares, he said, “This timely support will strengthen the States’ financial position, enable governments to meet their financial commitments and accelerate development initiatives for the welfare of citizens.”

Mentioning the Union Finance Minister, he said, “Also extend my heartfelt thanks to the Hon’ble Union Finance Minister, Smt. @nsitharaman ji, for her continued understanding and consideration of the needs and financial requirements of the States.” 

The amount was part of the additional instalment of Rs 1,09,019 crore released by the Union government to all states on October 31, 2026, over and above the regular monthly devolution.

According to an official release, this is the second additional instalment in this financial year, released to enable states to accelerate capital spending ahead of the festive season.

Meghalaya’s share of Rs 688 crore was credited on Saturday.

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