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FC to individually assess needs of each State: NK Singh

 

By TIOL News Service

NEW DELHI, APRIL 20, 2018: A delegation led by Dy. Chief Minister and Finance Minister of Tamil Nadu, Mr O. Pannerselvam, met the 15th Finance Commission yesterday. The delegation submitted a memorandum to the Commission and put forward their view points regarding the Terms of Reference (TOR) of the Commission.
 
Over 40 members delegation of Members of Parliament from AIADMK including Mr M. Thambi Durai, Dy. Speaker of the Lok Sabha put forward the efforts made and resources mobilized by Tamil Nadu towards the upliftmentof the people in the state, in a meeting which went around 35 minutes. They urged the Commission to balance the need for fiscal transfers to less developed states while simultaneously meeting the growing aspirations and expectations of the people of the better performing states.
 
The FC Chairman, Mr N. K. Singh, welcomed the delegation and appreciated them. He assured them that the fiscal needs of each state will be individually assessed and their special characteristics will be kept in view. A progressive state like Tamil Nadu which has contributed greatly to India’s prosperity would certainly receive the Commission’s careful consideration. Commission’s visit for the state of Tamil Nadu was finalized for end of September.


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