New Delhi: The government on Sunday said that based on the recommendations of 15th Finance Commission (XV-FC), Rs 71,889 crore has been released to the states under various heads for FY 2024-25. The 15th Finance Commission had recommended the grants-in-aid of Rs 71,889 crore to the state governments under heads like grants to local bodies; … Read more
NEW DELHI: The Union Government has released the first instalment of the 15th Finance Commission grants for 2024-25 to Rural Local Bodies (RLBs) in Andhra Pradesh and Rajasthan, the panchayati raj ministry said in a statement. Andhra Pradesh has received untied grants amounting to Rs 395.50 crore and tied grants totalling Rs 593.26 crore. These … Read more
The issue of significant cuts in the Central financial allocations to some states due to their progress in certain areas will be a major highlight when Finance Ministers from four South Indian states and Punjab meet on September 12, sources said on Monday. Five opposition-ruled states — Kerala (Left), Karnataka and Telangana (Congress), Tamil Nadu … Read more
Economic Adviser: The Sixteenth Finance Commission (XVIFC) invites applications for the post of Economic Adviser at Level-14 (Joint Secretary level) of the pay matrix as per the 7th CPC on a deputation/contract basis. The XVIFC has uploaded eligibility, job responsibilities, emoluments, and application forms on its website at Circular for the post of Economic Adviser … Read more
New Delhi: Finance minister Nirmala Sitharaman said on Monday that the Centre is not discriminating against any non-BJP-ruled state in the release of funds, as the transfer is based purely on the recommendation of the Finance Commission, and termed the allegation of bias as a “politically vitiated narrative”.The minister was responding to a question from … Read more
BENGALURU: Chief Minister Siddaramaiah on Thursday alleged Prime Minister Narendra Modi was trying to curtail the financial autonomy of the states with attempts to interfere with the Finance Commission. Quoting from an Al Jazeera article, which described an interview with Niti Aayog CEO BVR Subrahmanyam, the CM said he hoped this revelation would wake up … Read more
