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BIZ-FINANCE COMMISSION(CORR)

BIZ-FINANCE COMMISSION(CORR)


PTI
Updated: 21-06-2018 11:32 IST
BIZ-FINANCE COMMISSION(CORR)

The Bihar government will urge the 15th Finance Commission to raise the allocation of tax revenue shared by the states on the pattern of the 11th Finance Commission recommendations, Deputy Chief Minister Sushil Kumar Modi has said.(Image Credit : Twitter)

Bihar govt to demand increased allocation of funds from Centre

The Bihar government will urge the

15th Finance Commission to raise the allocation of tax revenue

shared by the states on the pattern of the 11th Finance

Commission recommendations, Deputy Chief Minister Sushil Kumar

Modi has said.

It will also demand that henceforth the entire

expenditure for disaster management in Bihar be borne by the

Centre, he said in a statement here.

A team of the 15th Finance Commission, led by its

Chairman N K Singh, will be on a three-day tour of Bihar from

July 10.

Sushil Kumar Modi, who also holds the finance

portfolio, said in the statement yesterday, "The 11th Finance

Commission had fixed allocation of 12.589 per cent of the tax

revenue shared by the states which was slashed to 9.6 per cent

by the 14th Finance Commission".

The deputy chief minister also alleged that the 14th

Finance Commission had "allocated Rs 2,591 crore for Bihar for

disaster management, though the outlay for states like

Maharashtra and Rajasthan was much higher at Rs 8,195 crore

and Rs 6,094 crore respectively.

"This was despite the fact that we face both

droughts and floods everywhere. The floods last year involved

an expenditure of about Rs 5,000 crore. We would demand that

henceforth the entire expenditure for disaster management in

Bihar be borne by the Centre".

The state government, he said, will submit a

memorandum and make a presentation before the team on July 12.

The state government will also discuss with the

visiting team various schemes under the agricultural road map

and seven resolutions of CM Nitish Kumar, he added.

During the three-day visit, the commission members

will have meetings with the state ministers, political

parties, panchayati raj organizations, urban local bodies and

representatives of industry and trade. PTI NAC

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(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : India