"The Finance Commission recommendations are a big gift for states like Bihar. It has raised the share of states in central taxes from 32 per cent to 42 per cent. Our state will altogether get Rs 3,81,591 crore as share in central taxes in the next five financial years in comparison to Rs 1,65,627 crore over the last five financial years from 2010 to 2015," Modi said.
The 14th Finance Commission had submitted its report to President Pranab Mukherjee on December 15, 2014 and Prime Minister Narendra Modi's government recently accepted its recommendations on devolution of central taxes to the states.
Kumar had criticised it on the grounds that it would hurt finances of Bihar and that it had done away with special category status for states.
The BJP leader, who has served as Deputy Chief Minister and Finance Minister of Bihar, said this had been made possible because the Commission had raised states' share in central taxes to 42 per cent from 32 per cent.
Hitting out at Kumar for claiming that wrapping up of many schemes sponsored by central government will pinch the limited resources of Bihar, Modi pointed out that it had been a long pending demand of all states to decrease such schemes, which were over 100 in number.
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