Tag: 15th Finance Commission

Rs 1.42 Lakh Crore Tied Grant To Panchayats For Water & Sanitation
Rs 1.42 Lakh Crore Tied Grant To Panchayats For Water & Sanitation

Department of Drinking Water and Sanitation has recommended for release of 1st installment of tied grant to 25 states for water & sanitation activities & onward transfer to RLBs/PRIs.

doctor-population ratio
15th Finance Commission: Odisha 12th Poorest in Doctor – Population Ratio In Country

Bhubaneswar: When the once in a lifetime pandemic has put a glare on how the shortage of doctors in the critical care had resulted in the loss of more precious lives in the State to the contagion lethal virus, the Fifteenth Finance Commission report released recently had dropped a howler at Odisha. The State has […]

15th Finance Commission: Odisha In Bottom-10 With BIMARU States In Per-capita Income

Bhubaneswar: Here is another shocker for Odisha. In the indices of per capita income, the State languishes in the bottom-ten states in the country. With an average per capita income of Rs 1.01 lakh, Odisha has been ranked at 10th from the bottom in the country. The State is ranked at 19th among the 28 […]

Union Budget 2021-22
Union Budget 2021 For Odisha: Pandemic Shadow Looms Over Central Tax Transfers

Bhubaneswar: In the much-awaited Union Budget 2021 tabled in the Parliament by Union Finance Minister Nirmala Sitharaman today, the black swan event’s (Corona pandemic) larger shadow on the finances of Odisha have been clearly discernible. While the State saw a whopping shortfall of over Rs 10,840 crore in the net tax and duty proceeds in […]

15th Finance Commission Submits FY22-26 Report To President Kovind

New Delhi: The 15th Finance Commission led by its Chairman NK Singh here on Monday submitted its report for fiscal years 2021-22 to 2025-26 to President Ram Nath Kovind. Commission members Ajay Narayan Jha, Anoop Singh, Ashok Lahiri, and Ramesh Chand, along with panel Secretary Arvind Mehta accompanied the Chairman in the meeting with the […]

15th Finance Commission: Odisha emerges loser in new tax-sharing norms

Bhubaneswar: Odisha’s share in the net proceeds of central taxes and duties seems to have been sliced by the Fifteenth Finance Commission (FFC). The State’s share has declined to 4.629 per cent from 4.642 per cent as recommended by the Fourteenth Finance Commission (14th FC).  Even, in devolution of service tax proceeds, the State’s share […]

All Eyes On Odisha's Revised Demands Before 15th Finance Commission

Bhubaneswar: All eyes will be on Odisha government’s revised demands in terms of allocation from the Fifteenth Finance Commission, whose term was extended by the Centre last year. Earlier, Odisha had submitted a memorandum to the Commission pegging its financial requirement at Rs 8.24 lakh crore for the period 2020-25 and also demanded Rs 1,500 […]

Cabinet Approves Extension Of 15th Finance Commission Term

New Delhi: The Union Cabinet on Wednesday approved the extension of the term of the 15th Finance Commission headed by N.K. Singh. Its term was scheduled to end on November 30. Post the extension, the Commission will submit two reports, the first for the financial year 2020-21 as well as the final report for financial […]

Finance Commission's 3-day deliberation programme kicks off in Odisha

Bhubaneswar: The 15th Finance Commission, under the chairmanship of Nand Kishore Singh, today held discussions with the Odisha government and several stakeholders including various political parties, chambers of commerce and other outfits on socio-economic challenges, future possibilities of growth and development in the State. On day 1 of the 3-day consultation programme here in Bhubaneswar, […]

Odisha has potential to drive India's economic growth: Finance Commission chairman

Bhubaneswar: Odisha has tremendous potential of becoming a driver of country’s economic growth; but it has lagged behind and we will see how this can be addressed, said 15th Finance Commission chairman, NK Singh, who arrived in Bhubaneswar today. The Commission is scheduled to hold consultations with Odisha government and other stakeholders including several political […]

Nitish Kumar Makes Big Announcement At Poll Rally, 'This Is My Last Election'
Nitish pitches for extra central assistance to Bihar

Patna: Bihar Chief Minister Nitish Kumar has urged the 15th Finance Commission to grant extra central assistance to the state citing its progress with the help of its own limited resources. Making a presentation before the commission headed by its Chairman N K Singh Wednesday, Kumar also expressed disapproval of the doing away with the […]

Odisha to get more funds if 2011 census data is used: Pradhan

Bhubaneswar: Union Minister Dharmendra Pradhan today brushed aside the State government’s concern on use of the 2011 census data by the 15th Finance Commission for fund allocation. Explaining mediapersons, Pradhan said, “The 15th Finance Commission has given 17 percent weightage to the 1971 census data and 10 percent weightage to the 2011 data. This is […]

Odisha demands changes in 15th Finance Commission

Bhubaneswar: The State government today strongly opposed the Terms of Reference (ToR) of the 15th Finance Commission and stated that it may adversely impact devolution of resources to the state. In a letter to Prime Minister Narendra Modi, Chief Minister Naveen Patnaik said that the flow of funds to the State will decline during the […]