Odisha: Representatives submit memorandums to 16th Finance Commission

0
26
Odisha: Representatives submit memorandums to 16th Finance Commission
Advetisment

Bhubaneswar, Feb 6 (IANS) The representatives of different political parties in the state on Thursday met the 16th Finance Commission and presented separate memorandums demanding more funds for the state.

The 16th Finance Commission led by its chairperson Arvind Panagariya is on a visit to Odisha from February 4 to 7.

“We have submitted a memorandum to the commission on behalf of party president Naveen Patnaik. We have made several demands in the interest of Odisha including the increase in the state’s share from the divisive pool of central tax receipts. We also drew the attention of the commission towards the non-revision of coal royalty which has been pending for years. We also raised our concerns over the green cess,” said senior BJD leader Prasanna Acharya.

Acharya also said the BJD party has demanded a special package for the revival of sick industries in Odisha and changes in the ratio of funding for central government schemes to lessen the financial burdens on states.

The senior BJD leader expressed hope that the commission would listen to their demands.

“Our main demand is related to the ratio of state and centre shares in vertical devolution of tax receipts, 60 per cent should go to the state and 40 per cent should remain with the centre. Similarly, in horizontal devolution, the share of a state should be decided on the basis of schedule area and schedule population in a state,” stated former finance minister and Congress leader Panchanan Kanungo.

He also informed the media persons that the Congress party has drawn the commission’s attention towards the protection of Chilika Lake, historical monuments and rivers in Odisha.

A delegation of the ruling BJP also met the 16th Finance Commission and submitted a separate memorandum to the commission.

The party demanded a hike in the state’s share in tax devolution, special packages for Tourism and MSME and tribals, increased allocation for disaster management, etc.

Notably, the Odisha government has sought Rs 12,59,148 crore from the 16th Finance Commission for the five-year period from 2026-31, which will help the state in steering the roadmap to ‘Samruddha Odisha by 2036’.

The state government has demanded Rs 9,88,422 crore for Pre-Devolution Revenue Deficit, Rs 1,10,434 crore for state-specific needs, Rs 1,00,036 crore as grant to local bodies, Rs 31,004 for State Disaster Response Fund and Rs 29,252 for the State Disaster Mitigation Fund.

–IANS

gyan/dan

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

Advertisment