Nagaland places demand for Rs 86,000 crore to 15th finance panel

KOHIMA: The Fifteenth Finance Commission (FFC) would take certain and leading edge approach to fast monitor the improvement of the financial system of Nagaland, a top professional of the fee stated.
A group of the FFC led by its chairman N Okay Singh is on a three-day talk over with of Nagaland. The FFC group held talks with a Nagaland govt group led by chief minister Neiphiu Rio, different political events, Naga civil societies, rural and concrete native our bodies to speak about about their calls for on Wednesday.

“We have had an overly full and wealthy dialogue with all stake holders in Nagaland while the state govt offered a formal memorandum to the fee detailing their expectations from the award and suggestions of the FFC,” Singh informed a press conference here on Wednesday.

Nagaland govt has put forth four proposals which come with post devolution earnings deficit grants amounting to Rs 74,000 crore, on important infrastructure development Rs 7,212 crore, Village Councils and Urban our bodies Rs 1,700 crore and for crisis management Rs 1,080 crore totalling to Rs 86,834 crore, along with the important connectivity initiatives.


“It would be the endeavour of this FCC to encourage and entirely make stronger the leading edge measures which can be lately beneath way to accelerate the growth momentum of Nagaland’s financial system which can fortify the consistent with capita source of revenue more considerably and enable it in harnessing its more than one competitive elements,” Singh stated.


The FFC chairman stated the calls for are there throughout the memorandum and the group may have additional consultations throughout the fee and spot the totality of the calls for within the lighting fixtures of the supplementary memorandum ahead of coming to conclusions and toning our suggestions for Nagaland.


“We additionally had deliberations with village councils and village development boards, tribal organisations, trade and commerce and all political events and they made oral and written memorandum to the fee,” he stated. PTI


Nagaland places demand for Rs 86,000 crore to 15th finance panel Nagaland places demand for Rs 86,000 crore to 15th finance panel Reviewed by Kailash on November 30, 2018 Rating: 5
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