After a gap of two financial years, the Central government has approved the release of Rs.259.36 crore under the 15th Finance Commission to gram panchayats in Telangana following the completion of Gram Panchayat elections, officials said.
In a series of posts on X, economic analyst Aravind Varier highlighted systemic drawbacks in the resource distribution criteria used by Finance Commissions since the 1970s
For Telangana, the 15th Finance Commission recommended Rs 6,097 crore under various grants, but we have not received a single rupee. Ignoring these recommendations is a violation of the Constitution, said Harish Rao
By B Yerram Raju “Money begets money,” says Geoffrey Crowther. Absolutely true — whether it is with individuals, institutions, or nations. Why should nations borrow? One should go back to the post-world war economy. People lost all their wealth and assets in the war. To provide money in people’s hands, Keynes propounded ‘dig holes and […]
Sangareddy: Finance and Health Minister T Harish Rao said that the Centre Government’s 15th finance commission has suggested the rest of the states in India replicate the Basthi Dhawakhanas model in their respective urban areas by drawing inspiration from Basthi Dhawakahans set up by the Telangana government in Hyderabad. Saying that the Chief Minister K […]
Hyderabad: Telangana on Thursday urged union Finance Minister Nirmala Sitharaman to honour the 15th Finance Commission’s recommendations, revive Information Technology Investment Region (ITIR) and accord National Project status to Kaleshwaram and Palamuru-Rangareddy projects. It pointed out that National Project status has not been accorded to any irrigation project in Telangana despite numerous requests, a top […]
Hyderabad: Finance Minister T Harish Rao on Monday said despite the 15th Finance Commission (FC) recommending a special package to Telangana, the Central government was not allocating any special funds to the State. “In the past, Central governments used to strictly follow Finance Commission recommendations but the BJP government has not considered its recommendations for […]
The tax devolution to States was heavily impacted as there was a drop in revenue receipts of the Union government. Secondly, performing States have been penalized by the 15th Finance Commission through its unacceptable methodology.
The Commission's Chairman N K Singh along with its members on Wednesday held a virtual meeting with the Chairmen of two previous Finance Commissions C Rangarajan and Vijay Kelkar respectively.
