14th Finance Commission

14th Finance Commission News

Tamil Nadu urges Centre to release due funds from finance commission

Velumani also thanked Tomar for recommending to the central government to release the second installment of the basic grant of Rs 758.06 crore for 2017-18, to the rural local bodies.

In Finance Commission’s terms of reference, a history of disagreements

Using 2011 data will penalise southern states, which have made considerable progress in population control, and deny them reward for progress made in areas such as health, literacy, education and infrastructure.

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Irrigation: Spending up amid slow coverage growth

A report prepared by Kotak shows that while the states’ expenditure on irrigation has jumped from around Rs 20,000 crore in 2000 to over Rs 98,000 crore in 2014.

Delink Plan from classification in Budget, says Reddy

The FFC also suggested replacing the existing FRBM Act with a debt ceiling and fiscal responsibility legislation, specifically invoking Article 292 in its Preamble.

Odisha CM Naveen Patnaik accuses Centre of ‘step-motherly’ treatment

The BJD has already made it clear that it would not support the amended Land Acquisition Bill in Parliament.

States in charge

The changing electorate and competitive federalism will be checks on their profligacy.

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New deal for states

Higher tax devolution and greater flexibility for states is welcome. Now rationalise Central schemes.

Chandrababu Naidu upset with finance commission's recommendations for AP, says it is not fair

Naidu said that the Finance Commission has not considered challenges of an essentially agrarian State.

United states of India

Finance Commission award gives meaning to ‘cooperative federalism’.

‘GST roll-out by 2016 is too ambitious a target’

M Govinda Rao, NIPFP and member, 14th Finance Commission believes that the government needs to cut down wasteful expenditure.

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