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The Latest Breaking News from Finance Commission

As PM, India’s Modi secretly tried to massively cut state funds

Revelation came from a top gov’t official who also said budgets have ‘layers and layers of attempt to cover the truth’.

Al Jazeera

Congress MP Shashi Tharoor criticises ‘Hindi, Hindu, Hindustan’ politics at Thuglak magazine event

Congress leader Shashi Tharoor defends plural India, criticizes BJP's impact on federalism and calls for a more equitable society.

The Hindu

16th Finance Commission: Karnataka to seek sharing of cess and surcharge collected by the Centre with States

Karnataka, which is readying it’s response to the 16th Finance Commission, formed recently, is set to seek sharing of cess and surcharge collected by the Centre with the States and urge the Union government to consider losses suffered by the States due to implementation of GST. Karnataka will also urge the…

The Hindu

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The fiscal challenge to Kerala’s development

Through a detailed blueprint for Kerala’s future economy, the State government should allay the fears about its financing plans

The Hindu

Arvind Panagariya appointed as Chairman of 16th Finance Commission

Dr Arvind Panagariya appointed as Chairman of 16th Finance Commission by central government on Sunday. Read further on Dynamite News:

Dynamite News

Share of Tamil Nadu’s own tax revenue has remained stable at over 70 per cent: RBI study

Tamil Nadu's SOTR share of total tax revenue stable at over 70%, SGST emerged as most important source post-GST.

The Hindu

Kerala’s fiscal woes appear real

The LDF government is struggling to meet its commitments

The Hindu

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Cabinet clears terms of reference for 16th Finance Commission

Govt approves ToR for 16th Finance Commission to make recommendations on sharing of tax revenues between Centre and states. Commission to submit report by Oct 2025. 15th Finance Commission's recommendations valid till FY 2025-26.

The Hindu

H.P. government to build around 50 anganwadi buildings in Hamirpur

Hamirpur DC announces ₹5.88 crore for 49 Anganwadi centre buildings. Funds from MNREGA, 15th Finance Commission & Women & Child Development Dept. 18,108 children, 3,000 pregnant women & 2,500 lactating women get nutritious food. 623 Anganwadi centres run from private buildings, rest from govt. buildings.

The Hindu

MPs from Kerala to meet Union Ministers, seek higher borrowing limit

A meeting of the Members of the Parliament from the State, called by Chief Minister Pinarayi Vijayan on Wednesday, prior to the upcoming Parliament session, unanimously decided to visit the Union Ministers concerned to demand that Kerala’s borrowing limit be enhanced as per the recommendation of the 15th Finance Commission.

The Hindu

CM holds MPs’ meeting ahead of Parliament session

Thiruvananthapuram Chief Minister Pinarayi Vijayan on Wednesday held an online meeting with MPs from Kerala urging them to highlight various issues, particularly the financial crisis, affecting the State during the upcoming Parliament session. In the meeting, a unanimous decision emerged to raise issues in the Parliament related to the removal…

The Hindu

Centre attempting to weaken LIFE housing project, local body schemes, says Kerala Minister M.B. Rajesh

Kerala Minister M.B. Rajesh lashes out at Union govt. for interfering with local body schemes. Accuses them of undermining Kerala's decentralised planning. LIFE housing project does not carry State/Union logo. Union govt. withholding funds for not displaying logo. Imposing conditions on utilisation of grants given to local bodies. Restrictions on…

The Hindu

Task force committee to be set up to supervise drought in Raichur district

Task force to supervise drought in Raichur district: ₹50 lakh to mitigate drinking water crisis, ₹10 lakh to drill borewells, Sindhanur taluk to be declared drought-hit, input subsidy to be released, 15th Finance Commission grants for drinking water, two drinking water tankers per taluk, additional tankers based on demand.

The Hindu

Are southern States being punished for their success?

Is the south being punished for its success? The Hindu Parley Podcast discusses the question

The Hindu

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The Hindu

Top news developments in Karnataka on October 19, 2023

The Hindu

Tamil Nadu Finance Minister criticises Union govt.’s step-motherly attitude

TN FM accuses Union govt of step-motherly attitude towards State over devolution of funds. TN contributed ₹5.16 lakh cr but received only ₹2.08 lakh cr. UP received ₹9.04 lakh cr for ₹2.24 lakh cr contribution. TN losing out due to FC recommendations. GST regime caused ₹20,000 cr loss. Union govt…

The Hindu

Speaking for India podcast | BJP is using religion as a weapon to hide its shortcomings: T.N. CM Stalin

TN CM Stalin launches 'Speaking for India' podcast series, criticizes BJP govt for failing to fulfill poll promises, using religion as weapon to hide shortcomings. He calls for I.N.D.I.A. alliance to save India from BJP's communal politics & hate-inciting policies, restore social justice & State autonomy.

The Hindu

Rethink the emerging dynamics of India’s fiscal federalism

The dynamics of the emerging fiscal federalism of India entails significant rethinking especially in the context of the 16th Finance Commission

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The Hindu

Karnataka Chief Minister writes to Nirmala Sitharaman seeking release of funds recommended by 15th Finance Commission

Karnataka Chief Minister Siddaramaiah has urged Union Finance Minister Nirmala Sitharaman to release special grants and State-specific grants recommended by the 15th Finance Commission and opposed the steepest cut of 23% in devolution of funds.

The Hindu

Congress announces reconstituted Working Committee; Shashi Tharoor, Sachin Pilot new additions

The Hindu Evening Wrap on August 20, 2023

The Hindu

Is the delimitation question settled?

The Hindu Parley podcast discusses whether delimitation should be delayed any further? The last delimitation exercise took place in 1976. While the current boundaries were drawn on the basis of the 2001 Census, the number of Lok Sabha and State Assembly seats remained frozen on the basis of the 1971…

The Hindu

CPI(M) roundtable meeting on village panchayats issues in Andhra Pradesh on July 11

The State government diverted the 15th Finance Commission funds, which was a violation of the guidelines and the Constitution, and adjusted the same to old power bills and surcharges.

The Times of India

Karnataka CM Siddaramaiah slams Centre for price rise, blames previous BJP govt in state for 'deteriorating' economy

BENGALURU: Karnataka Chief Minister Siddaramaiah on Friday slammed the Centre for "failing to control steep price rise", and hit out at the previous BJP government for "deteriorating" the state's economy.

The Hindu

Siddaramaiah trains guns on previous BJP govt. for fiscal indiscipline and corruption, and on Centre for gross injustice to Karnataka

Siddaramaiah alleged ‘gross injustice’ to Karnataka in tax devolution. 15th Finance Commission recommended only 3.65% of the divisible pool to be devolved to the State despite being one of the main contributors to the Centre’s revenue collection. Because of this, the State incurred a shortfall in tax devolution of ₹26,410…

The Hindu

Karnataka will make a strong argument before the 16th Finance Commission to enhance its share in taxes: Siddaramaiah

Indicating that the previous BJP government did not make enough efforts to get Karnataka its fair quantum of taxes from the Centre, Chief Minister Siddaramaiah on Thursday said the State would make a strong argument before the 16th Finance Commission to enhance the State’s share in taxes.

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