The Finance Ministers of the southern states would meet here tomorrow at a conference convened by Kerala to discuss the concerns and views on the Terms of Reference of the 15th Finance Commission.
Talking to reporters, Kerala Finance Minister T M Thomas Isaac said the changes in the Terms of Reference (ToR) of the 15th Finance Commission, that would adversely affect the southern states, has not become a debate in the country.
"The objective of the conference was to highlight the issue and make it a national agenda for debate", Isaac said.
Slamming the Centre, he said the ToR was against the federal co-operative structure of the country.
"We will not allow to destroy the federal co-operative structure of the nation', he said.
The ToR has recommended using the 2011 census to calculate population for allocation of union tax revenue in place of 1971 census, which was used by previous Finance Commissions.
This would adversely affect the southern states, he said.
There was uncertainty over the incentives to be given to states, he said.
There were several issues that have to be discussed at the national level. The meeting would be a first step towards that, he said.
The Centre should provide freedom to the 15th Finance Commission to hear the states, Isaac said.
Karnataka, Andhra Pradesh, Tamil Nadu and Puducherry has confirmed participation in the conference, which would be inaugurated by Kerala Chief Minister Pinarayi Vijayan, he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
