On the
request of governor ESL Narasimhan, the Centre constituted a joint
committee to look into the financial matters of the successor states.
Principal
secretary (Finance) PV Ramesh will attend the meeting with secretaries
of ministry of revenue and ministry of finance and other officials on
Thursday.
The state government officials will discuss with the
Central officials Section 46 of the AP Reorganisation Act. They will
also seek some grants for the residuary Andhra Pradesh state, which is
estimated to face a revenue deficit of around Rs 15,000 crore.
The
Reorganisation Act states that the award made by the 13th Finance
Commission to the existing state of Andhra Pradesh will be apportioned
between the successor states by the Central government on the basis of
population ratio and other parameters. Based on that, the President
shall make a reference to the 14th Finance Commission to take into
account the resources available to the successor states and make
separate awards for each of the successor states.
The Central
government may, having regard to the resources available to the
successor state of Andhra Pradesh, make appropriate grants and also
ensure that adequate benefits and incentives in the form of special
development package are given to the backward areas of that state.
The
Central government, while considering the special development package
for the successor state of Andhra Pradesh, will provide adequate
incentives, in particular for Rayalaseema and north coastal regions. All
these issues mentioned in the Act will be discussed on Thursday’s
meeting, sources said.
State bifurcation
■ AP to face revenue shortage of Rs 15,000 cr
■ Avaialable resources will be apportioned between the successor states on the basis of population ratioand other parameters
ends
No comments:
Post a Comment