Latest Financial Commitment News & Updates

Chennai, June 11 (IANS) The Tamil Nadu government has decided to implement the Centre’s revamped Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (VB-G RAM G) from July 1, despite concerns over the significantly higher financial commitment required from the state under the revised funding structure. The scheme will be implemented under a 60:40 cost-sharing formula, with the Union government bearing 60 per cent of the expenditure and the state government contributing the remaining 40 per…