CM demands the share of States in Central taxes be increase from 42% to 50%
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CM demands the share of States in Central taxes be increase from 42% to 50%

By The Times Of India calender  11-Sep-2019

CM demands the share of States in Central taxes be increase from 42% to 50%

Chief minister Ashok Gehlot demanded that the share of states in the central taxes must be increased from 42% to 50%.
Finance commission chairman N K Singh stated, "I do not think it is proper for me to give any indication, but let me say that overtime there has never been a regressive approach. The jump from 32% to 42% was somewhat spectacular."
He further puts his point and explains that we should not forget the enitre devolution for disaster management, devolution of the revenue deficit grant, devolution to the 3rd tier and for states-specific grants comes out from the central government's kitty.
Gehlot demanded for additional funds for the drinking and irrigation water, education and health facilities, development of roads, energy, IT and tourism sectors.
While seeking the States’ share in the cess and surcharge imposed by the Centre, Mr. Gehlot requested the Finance Commission to recommend that the States be given share in the Union government’s non-tax revenue as well.
Also Read: India growing amid global slowdown: Gajendra Shekhawat
 

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