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    Home»News»States demand extra funds in pre-budget assembly with Nirmala Sitharaman
    News

    States demand extra funds in pre-budget assembly with Nirmala Sitharaman

    EditorBy EditorNovember 25, 2022Updated:November 25, 2022No Comments3 Mins Read
    NEW DELHI: State finance ministers of their pre-budget session have stepped up their demand for extra funds, better say in implementing centrally-sponsored schemes and a rise in funds for royalty on minerals.
    These points had been raised by the states at a gathering referred to as by Union finance minister Nirmala Sitharaman to elicit their views on the 2023-24 budget to be offered on February 1.
    Tamil Nadu finance minister P Thiaga Rajan stated that states, slicing throughout social gathering traces, stated that centrally sponsored schemes are constraining states’ fiscal autonomy since in some schemes states find yourself contributing great amount which is greater than the Centre’s contribution.
    “All states, no matter political social gathering, expressed frequent theme states fiscal autonomy is vastly constrained by the extent of centrally sponsored scheme, by the extent of fixing ratios of funding of such schemes,” Thiaga Rajan advised reporters.
    States demanded that they need to be given better flexibility in implementing CSS.
    CSS are carried out by way of a joint contribution of the Union Authorities and State Authorities
    Bihar finance minister Vijay Kumar Choudhary stated centrally sponsored schemes ought to be restricted because the burden on states for such schemes is rising. The centre ought to implement solely Central sector schemes in the event that they wish to assist states, he stated.
    Meghalaya chief minister Conrad Sangma stated he has demanded a rise in capital help given to the states. “Have requested for a system the place it ought to be linked to inhabitants. Village-based schemes ought to be harassed on,” Sangma stated.
    Andhra Pradesh finance M Buggana Rajendranath Reddy stated he has sought particular help in the direction of capital expenditure. “We’ve got demanded that state-promoted renewable tasks to be included in inexperienced bond funding scheme,” Reddy stated.
    Himachal Pradesh Chief Minister Jai Ram Thakur sought higher street, rail, air connectivity within the state to advertise tourism. GST on apple packaging be diminished to 12 per cent from 18 per cent, stated Thakur, who holds the finance portfolio.
    Chattisgarh chief minister Bhupesh Baghel requested the Centre to launch funds for implementing the outdated pension scheme for state authorities workers.
    He additionally demanded a rise in royalty for minerals extracted within the state and the fixation of various royalties on completely different grades of coal and iron ore.
    In accordance with a launch by the Haryana authorities, chief minister M L Khattar demanded that the Centre give a particular financial bundle to Haryana as 14 districts of the state fall within the Nationwide Capital Area and lot of assets need to be spent on development and upkeep of infrastructure in these areas.

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