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FUNDS DEVOLUTION
What is Andy Burnham's 'Manchesterism' vision for the UK?Andy Burnham is now a leading contender to become the next Prime Minister. He brings his "Manchesterism" economic vision to national politi...- Maharashtra gets Rs 6,418 crore advance instalment of tax devolution from CentreMaharashtra received an advance tax devolution of Rs 6,418 crore from the Central government, Deputy Chief Minister Ajit Pawar announced. T...
- Himanta Biswa Sarma meets Chairman of 16th Finance Commission; discusses issues related to devolution of fundsAssam Chief Minister Himanta Biswa Sarma met with Dr. Arvind Panagariya, Chairman of the 16th Finance Commission, to discuss fund devolutio...
- Centre okays additional instalment of Rs 81,735 crore as tax devolution to the state govtsThe Centre has approved an additional tax devolution of Rs 81,735 crore to State Governments, scheduled for release on June 2, 2025. This m...
- Decision on recommending revenue deficit grants for states yet to be made: Finance Commission chiefA decision on revenue deficit grants to states hasn't been made yet, says Finance Commission Chairman Arvind Panagariya. The commission wil...
- Finance Commission open to view alternate index for devolution to states: Chairman Arvind PanagariyaThe 16th Finance Commission is exploring alternative indices for fund allocation to states grappling with natural disasters and unique chal...
- Nirmala Sitharaman consistently denies written word: K'taka CM SiddaramaiahTaking to social media platform X, the CM said Sitharaman had been consistently denying the written word. "One expects the country’s Financ...
- Tripura receives additional tax devolution of Rs 1006 croreThe announcement has been met with appreciation from Tripura Chief Minister Manik Saha, who acknowledges the funding's potential to boost i...
- Funds devolution rows: Siddaramaiah defends Raghuram Rajan, accuses BJP of twisting his report to defend itselfThe CM’s defense of the former RBI governor on social media platform X comes amidst reports of the Congress party considering fielding the ...
- Bengal gets Rs 5,488cr from Centre as additional instalment of tax devolutionWest Bengal has received Rs 5,488.88 crore as an additional instalment of tax devolution out of Rs 72,961.21 crore by Centre. Largest share...
- Centre transfers additional Rs 72,961 crore to states above budgeted tax devolutionThe Indian government released an additional installment of Rs 72,961.21 crore as tax devolution to states, beyond the regular 14 installme...
- Devolution of funds to states should be based on performance indicators: Rajiv KumarKarnataka Agriculture Minister Krishna Byre Gowda had recently alleged that the Centre was playing politics over the Terms of Reference (To...
- Expert group likely on devolution of funds to UTsSince the UTs are directly governed by the Centre, Birender Singh suggested the ministry officials should visit the UTs to assess the progr...
- Allocation to Congress ruled states higher in NDA regime: FM Arun JaitleyReferring to the meeting of Chief Ministers of these states, Jaitley listed details to buttress the point that there was no discrimination ...
- Karnataka CM Siddaramaiah slams Centre for cut in fundsSiddaramaiah said the budgetary cuts were cruel since the affected schemes target the poor and children like mid-day meal and others.
- Majority of states to gain because of FinCom report: Arun JaitleyMajority of states would stand to gain due to implementation of the 14th Finance Commission recommendations, Jaitley said.
- All flagship healthcare progarmmes to continue: Health Minister JP NaddaAll flagship healthcare programmes will continue. Adequate budgetary resources have been provided by Centre for these schemes: JP Nadda
- 14th Finance Commission's tax formula a big let down: Bihar CM Nitish KumarWhile accepting the Finance Commission's recommendations, the Centre has done away with the other source of funding which were made availab...
- Some states will suffer a rude shock because of change in funding pattern: Abhijit SenGovernment does not have more money. If devolution of central funds to states goes up by 10% to 42%, there will have to be a cut somewhere ...
- Gujarat State Finance Commission working on formula for financial devolutionLocal taxes like professional tax, entertainment tax, education cess, water tax and surcharge on stamp duty constitute 25-45% of the revenu...
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