Correct Answer : Option (B) - Finance Commission
The Finance Ministry has recently released in advance the first instalment worth Rs 8,873.6 crore of the state disaster response fund (SDRF) for the current fiscal, to the states.
SDRF contribution is released in two equal instalments to the states, as per the recommendation of the Finance Commission. Normally, the first instalment of SDRF is released in the month of June. Around half of the amount released, can be used by the states for COVID-19 containment measures.