Centre Disburses XV-FC Grants To Strengthen Rural Local Bodies

26 Mar 2026 CW Team

For Bihar the second instalment of tied grants for FY 2025–26 amounted to Rs. 12,036 mn and was disbursed to all 38 district panchayats, 533 block panchayats and 8,053 gram panchayats, with an additional release of Rs. 20.9 mn from the withheld portion of the first instalment for three block panchayats and seven gram panchayats that became eligible. For Uttar Pradesh the second instalment totalled Rs. 23,391 mn and reached all 75 district panchayats, 826 block panchayats and 57,694 gram panchayats, while Rs. 165.2 mn from the withheld portion of the first instalment was released to additionally eligible two district panchayats, 13 block panchayats and 61 gram panchayats.

In Jharkhand tied grants of Rs. 4,126.9 mn were allocated to 24 district panchayats, 253 eligible block panchayats and 4,342 eligible gram panchayats. Maharashtra received earlier withheld portions related to FY 2022–23 and FY 2023–24, including Rs. 1,040.4 mn and Rs. 1,206.1 mn from tied grant withholdings and Rs. 1,062 mn and Rs. 791.3 mn from untied grant withholdings for specified additionally eligible local bodies.

The government indicated that XV-FC grants are recommended and released in two instalments in a financial year and that untied grants are to be utilised by PRIs for location specific felt needs under the twenty-nine subjects enshrined in the eleventh schedule, except salaries and establishment costs. Tied grants are to be used for basic services related to sanitation including waste and faecal sludge management and for supply of drinking water, rainwater harvesting and water recycling.

The Union Government has released Rs. 43,839.8 mn as tied and untied grants under the Fifteenth Finance Commission to Panchayati Raj Institutions (PRIs) and rural local bodies in Bihar, Uttar Pradesh, Jharkhand and Maharashtra for financial year 2025–26. The disbursement covers allocations pertaining to different financial years and is intended to strengthen rural local governance through targeted funding. The release was routed following recommendations from the Ministry of Panchayati Raj and the Ministry of Jal Shakti and subsequent sanction by the Ministry of Finance. For Bihar the second instalment of tied grants for FY 2025–26 amounted to Rs. 12,036 mn and was disbursed to all 38 district panchayats, 533 block panchayats and 8,053 gram panchayats, with an additional release of Rs. 20.9 mn from the withheld portion of the first instalment for three block panchayats and seven gram panchayats that became eligible. For Uttar Pradesh the second instalment totalled Rs. 23,391 mn and reached all 75 district panchayats, 826 block panchayats and 57,694 gram panchayats, while Rs. 165.2 mn from the withheld portion of the first instalment was released to additionally eligible two district panchayats, 13 block panchayats and 61 gram panchayats. In Jharkhand tied grants of Rs. 4,126.9 mn were allocated to 24 district panchayats, 253 eligible block panchayats and 4,342 eligible gram panchayats. Maharashtra received earlier withheld portions related to FY 2022–23 and FY 2023–24, including Rs. 1,040.4 mn and Rs. 1,206.1 mn from tied grant withholdings and Rs. 1,062 mn and Rs. 791.3 mn from untied grant withholdings for specified additionally eligible local bodies. The government indicated that XV-FC grants are recommended and released in two instalments in a financial year and that untied grants are to be utilised by PRIs for location specific felt needs under the twenty-nine subjects enshrined in the eleventh schedule, except salaries and establishment costs. Tied grants are to be used for basic services related to sanitation including waste and faecal sludge management and for supply of drinking water, rainwater harvesting and water recycling.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..