By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Share of states in central funds should not be looked at in isolation, says Finance Commission – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Share of states in central funds should not be looked at in isolation, says Finance Commission – World News Network
Business

Share of states in central funds should not be looked at in isolation, says Finance Commission – World News Network

worldnewsnetwork
Last updated: June 24, 2024 12:00 am
worldnewsnetwork 12 months ago
Share
SHARE

Shimla (Himachal Pradesh) [India], June 24 (ANI): The Chairman of the 16th Finance Commission of India, Arvind Panagariya, said that the share of a state cannot be looked at in isolation by the Commission. The Chairman was addressing the media in Shimla on Monday.
Answering media questions about a green bonus for Himachal Pradesh under the special category, he said that Himachal’s share cannot be seen in isolation.
“Himachal Pradesh’s share can’t be seen in isolation. There are 28 states in the country. It is definitely within the purview of the Commission,” said Arvind Panagariya, Chairman of the 16th Finance Commission of India.
He further added, “It is too early in the tenure of the 16th Finance Commission to say anything as this is a very big task which is for five years to make recommendations on first of all the total tax revenues of the central government will be divided between the central government and the states and then how the shares of states taken together will be divided among the states.”
The Green bonus is compensation from the central government for the ‘environmental services’ provided by the state.
The Chairman also mentioned that the state government had given a detailed presentation of 90 slides, which lasted for three hours. He said meetings with the state government were cordial.
The team of the 16th Finance Commission is in Shimla on its three-day visit, and Himachal Pradesh is the first state that the Commission has started its consultation visit.
During the meeting, the state government also raised its concerns and took up issues with the hope of getting Himachal Pradesh under a special category state. The Chief Minister of the state, Sukhvinder Singh Sukhu, demanded the state be included in the special category.
He said, “The hill states should be kept under special consideration in 41 per cent taxes share. We have a higher cost of construction; the parameters of the plain will not be applicable in the hills. We have kept our view seriously, we hope the finance commission during the next one and a half years on its recommendations will consider our demands. We have also said that in disaster the NDRF and SDRF parameters can’t be like in plain areas, we have different disaster situations.” (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

India and Italy agree to strengthen ties in Industry 4.0, Technology, Automobiles and more – World News Network

NIAT is Empowering Universities to Deliver NEP-Aligned, Industry-Ready Education – World News Network

“Find Anything, Anywhere”: Bino Rolls Out Travel Vertical on WhatsApp, Hits 100,000 Vendors – World News Network

Power & Instrumentation (Gujarat) Secures Third Consecutive Contract for Udaipur Air Terminal Project – World News Network

ACE Expands Footprint with Verde at Yamuna Expressway – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article “Jharkhand’s biggest issue is infiltrators in Adivasis area”: Himanta Biswa Sarma – World News Network
Next Article “Hearty congratulations…”: Tripura CM after JP Nadda appointed as Leader of House in Rajya Sabha – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

  • Innovate
  • Gadget
  • PC hardware
  • Review
  • Software
  • Medicine
  • Children
  • Coronavirus
  • Nutrition
  • Disease
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Advertise with us
  • Newsletters
  • Deal
Welcome Back!

Sign in to your account

Lost your password?