Home >News >India >Mizoram govt submits memorandum to Finance Commission team
 Rules for the Centre and the states should be similar, particularly on the aspect related to borrowing
 Rules for the Centre and the states should be similar, particularly on the aspect related to borrowing

Mizoram govt submits memorandum to Finance Commission team

  • The 15th Finance Commission team led by its chairman N K Singh arrived in Mizoram on Monday
  • The state government has asked for an award of 57,737.38 crore for pre-devolution revenue status

AIZAWL : Mizoram government has submitted a memorandum to the visiting 15th Finance Commission team demanding 94,647.33 crore for the state, officials said Tuesday.

As part of its visit to the different states across the country before submitting its recommendation, the 15th Finance Commission team led by its chairman N K Singh arrived in Mizoram on Monday.

The Finance Commission team held meetings with the Mizoram chief secretary Lalnunmawia Chuaungo and senior state government officials on Monday.

The state government has asked for an award of 57,737.38 crore for pre-devolution revenue status, 17,357.90 crore for meeting requirements under capital expenditure and 5,779 crore for maintenance of state assets, the officials said.

Other financial proposals submitted included 1,283.70 crore for implementation of enhanced pay of the seventh Central pay commission for the state government employee.

The memorandum also demanded 1,000 crore for State Disaster relief fund and state disaster mitigation fund, 2,292.39 crore for local bodies including the autonomous district councils, urban and rural local bodies and Sinlung Hills council, 1,450 crore for maintenance of forests and 7,746.96 crore for state specific needs, they added.

The 15th Finance Commission of India was constituted in November 2017. The commission is visiting different states across the country before submitting its recommendations to the government for devolution of taxes and other fiscal matters for five fiscal years, commencing April 1, 2020.

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