New Delhi, Oct. 1 -- The Union Government has announced to release an additional Rs. 1,01,603 crore to State Governments on October 1, 2025, to support capital spending and welfare expenditures ahead of the festive season.

The centre will release the funds on October 1, 2025, days before the normal monthly devolution, which is expected to be released on October 10, 2025, days before Diwali.

"In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, the Union Government has released an additional tax devolution of Rs. 1,01,603 crore to State Governments on 1st October, 2025, in addition to the normal monthly devolution due to be released on 10th Octo...