Hooda urges finance commission to re-look at formula of fund allocation

Haryana Chief Minister Bhupinder Singh Hooda Tuesday urged the 14th Finance Commission to relook at the formula under which the allocation of funds to the states declined with their increasing per capita income and asked it to allocate the funds in a judicious manner

Written by Express News Service | Chandigarh | Updated: April 9, 2014 3:17:14 pm

Haryana Chief Minister Bhupinder Singh Hooda Tuesday urged the 14th Finance Commission to relook at the formula under which the allocation of funds to the states declined with their increasing per capita income and asked it to allocate the funds in a judicious manner “while taking into account the onerous responsibilities of public welfare assigned to the states.”

“By reducing allocation on account of higher average per capita income of the state,a vast majority of deserving population has been put to a great disadvantage”,Hooda said while initiating discussion with members of the 14th Finance Commission led by its chairman Dr Y V Reddy.

“Even though Haryana has one of the highest per capita income in the country,60 per cent of the population continues to be dependent upon agriculture and allied activities. Their per capita income has not grown as much,” Hooda said,adding that the principle evolved by the 13th Finance Commission for allocation of funds needs to be looked at afresh.

The chief minister also sought special grant to Haryana for creation and up-gradation of infrastructure in its area falling under the NCR as he claimed that “Haryana has been taking the entire spill over of Delhi’s population”.

Hooda said that he was happy to note that the Commission was commencing its consultation process with states from Haryana. He said Haryana requires huge amount of investments in Metro and bus transport systems,housing,water and electricity supply,healthcare,education,and plethora of other civic amenities,and urged the Commission to recognise these needs of the state.

The Commission chairman referring to the issues raised by Hooda regarding the population spillover of Delhi into Haryana,said,“It needs to be addressed immediately. The Commission would examine this in the interest of the state”.

The Commission is expected finalise its recommendations by October 2014 .

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