Bihar wants 12.59% tax revenue under 11th FC recommendations
(Sourced from PTI)
The Bihar government will urge the 15th Finance Commission to raise the allocation of tax revenue shared by the states on the pattern of the 11th Finance Commission recommendations, Bihar Deputy Chief Minister Sushil Kumar Modi has said. It will also demand that henceforth the entire expenditure for disaster management in Bihar be borne by the Center, he said.
A team of the 15th Finance Commission, led by its Chairman N K Singh, will be on a three-day tour of Bihar from July 10. Sushil Kumar Modi, who also holds the finance portfolio, said, "The 11th Finance Commission had fixed allocation of 12.589% of the tax revenue shared by the states which was slashed to 9.6% by the 14th Finance Commission."
Modi also alleged that the Commission had allocated Rs. 2,591cr for Bihar for disaster-management, though for states like Maharashtra and Rajasthan, it was around Rs. 8,195cr and Rs. 6,094cr respectively. "We face both droughts and floods everywhere. The floods last year involved an expenditure of about Rs. 5,000cr. We would demand that henceforth disaster-management expenditure in Bihar be borne by the Center," he said.
The Bihar government, Modi said, will submit a memorandum and make a presentation before the team on July 12. It will also discuss various schemes under the agricultural road-map and seven resolutions of CM Nitish Kumar, he added. During their visit, the commission members will have meetings with state ministers, political parties, panchayati raj organizations, urban local bodies, and industry and trade representatives.