Jayalalithaa criticises Centre on cut in Budget allocation

Also criticised Centre's decision to introduce GST, and termed it as an attempt to lay hands on the commercial tax resources

BS Reporter Chennai
Last Updated : Oct 31 2013 | 8:55 PM IST
Tamil Nadu chief minister J Jayalalithaa came down heavily on the Centre with respect to a 20 per cent cut in the agreed Union Budget allocation to the state. "What would the state have to do after spending money on various projects and those that are being planned. The Centre's budgetary allocations should have credibility," said Jayalalithaa.

She also criticised Centre's decision to introduce GST, and termed it as an attempt to lay hands on the commercial tax resources, which form a major portion of revenue to states.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 31 2013 | 8:19 PM IST

Next Story