Home ODISHA LATEST State memo to Finance Commission demands Rs 4.60 lakh crore

State memo to Finance Commission demands Rs 4.60 lakh crore

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OST Bureau
Bhubaneswar, Dec 9:

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The Odisha government on Tuesday submitted a memorandum to the 14th Finance Commission demanding Rs 4.60 lakh crore as the state’s share from the Central tax and non-tax pool for the period from April 1, 2015 to March 31, 2020.

The Commission is expected to submit its report by October 2014 in which it would recommend the share of the state from the Central tax and non-tax pool.