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Finance Editorial

Centre Releases โ‚น1.09 Lakh Crore to States; Uttar Pradesh Gets Highest Share of โ‚น19,208 Crore

Centre releases โ‚น1,09,019 crore in additional tax devolution to 28 states ahead of festive season. Uttar Pradesh receives the highest allocation.

Centre Releases โ‚น1.09 Lakh Crore to States; Uttar Pradesh Gets Highest Share of โ‚น19,208 Crore
Abhishek Sharma
Founder & Editor-in-Chief
Published: 3 min read
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Centre Releases Additional โ‚น1.09 Lakh Crore to 28 States Ahead of Festive Season

The Union Government has released an additional โ‚น1,09,019 crore to state governments through tax devolution on October 31, 2026, providing additional financial resources ahead of the upcoming festive season.

According to the Ministry of Finance, this is an additional instalment over and above the regular monthly tax devolution. It is also the second additional instalment released during the current financial year.

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The government said the additional funds are intended to help states accelerate capital expenditure and finance development and welfare-related spending. The release is also expected to provide states with additional resources to meet expenditure requirements during the festive season.

Tax devolution refers to the distribution of the Union Government’s shareable tax revenue among state governments. These transfers provide states with financial resources for infrastructure development, public services and welfare programmes.

Uttar Pradesh Gets Highest Allocation of โ‚น19,208 Crore; Bihar Receives โ‚น10,845 Crore

Uttar Pradesh received the largest allocation under the latest tax devolution, amounting to โ‚น19,208 crore. Bihar was the second-largest recipient with โ‚น10,845 crore, followed by Madhya Pradesh at โ‚น8,010 crore and West Bengal at โ‚น7,866 crore.

Maharashtra received โ‚น7,022 crore, while Rajasthan was allocated โ‚น6,460 crore. Odisha received โ‚น4,819 crore, Andhra Pradesh โ‚น4,597 crore, Karnataka โ‚น4,504 crore and Tamil Nadu โ‚น4,466 crore.

Among other major allocations, Gujarat received โ‚น4,094 crore, Jharkhand โ‚น3,660 crore, Chhattisgarh โ‚น3,602 crore and Assam โ‚น3,552 crore. Kerala was allocated โ‚น2,597 crore, Telangana โ‚น2,370 crore and Punjab โ‚น2,176 crore.

Among the smaller allocations, Goa received โ‚น398 crore, while Sikkim received โ‚น365 crore, the lowest amount among the 28 states.

The state-wise distribution highlights the additional financial support being transferred to state governments for development expenditure, infrastructure projects and welfare-related programmes.

How much money has the Centre released to state governments?

The Union Government released โ‚น1,09,019 crore in additional tax devolution to state governments on October 31, 2026.

How many states will receive the additional tax devolution?

The amount has been distributed among 28 state governments.

Which state received the highest allocation?

Uttar Pradesh received the highest allocation of โ‚น19,208 crore.

How much did Bihar receive?

Bihar received โ‚น10,845 crore under the latest tax devolution.

How much did Maharashtra receive?

Maharashtra received โ‚น7,022 crore.

Which state received the lowest allocation?

Sikkim received the lowest allocation of โ‚น365 crore, followed by Goa at โ‚น398 crore.

Is this part of the regular monthly tax devolution?

No. The โ‚น1,09,019 crore release is an additional instalment over and above the regular monthly tax devolution.

Why has the government released additional funds to states?

The government said the funds will help states accelerate capital expenditure and finance development and welfare-related spending, particularly ahead of the festive season.

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Abhishek Sharma
Founder & Editor-in-Chief

Abhishek Sharma

Iโ€™m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas.As an investor, Iโ€™m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential.I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities.Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

Last reviewed by Abhishek Sharma on November 1, 2026

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