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Opposition-ruled states, UTs seek amendments in 15th Finance Commission terms of reference

Press Trust of India  |  New Delhi 

The ministers of six opposition-ruled states and union territories met today and sought amendments in the "unfair" terms of reference of the 15th Commission.

The delegation included V Narayanasamy and Deputy Both Narayanasamy and Sisodia handle the portfolio as well.

It also included the of Punjab, West Bengal, and

"If the existing terms of references of the 15th are implemented, the states will stand to lose their financial autonomy," Sisodia said after the meeting.

A memorandum was submitted by the delegation to Kovind seeking his intervention in amendments to the terms of reference of the 15th

"The terms of reference of the 15th raise serious concerns," the memorandum stated while listing "infringement of constitutional provisions", "disruptive federal fiscal arrangements", and "technical errors" as grey areas concerning them.

It also alleged that the terms of references "eroded autonomy" and caused "significant financial hardships" to all the states.

The 15th Finance Commission "must apply" to the union territories (UTs) with legislature -- and Puducherry, they demanded.

Since the dispensation came to power in Delhi, and Sisodia have been accusing the BJP-led Centre of not giving Delhi's "due share" in the central taxes revenue.

In April this year, Kejriwal had said that the would move court for its "due share" in the central taxes revenue and then distribute the funds it gets among the cash-strapped municipal corporations.

According to Kejriwal, residents pay Rs 1.5 lakh crore income tax which is the "highest" in the country, but when it comes to fund sharing, Delhi does not get anything.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 17 2018. 21:10 IST
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