Through PTI
THIRUVANANTHAPURAM: Union Finance Minister Nirmala Sitharaman on Saturday hinted at the opportunity of the Centre bearing in mind restoring state standing to Jammu and Kashmir.
She dropped the trace whilst speaking concerning the distribution of budget to the states through the Centre as consistent with the suggestions of the 14th Finance Fee.
Turning in a lecture on Centre-State family members right here, Sitharaman stated High Minister Narendra Modi with none hesitation had authorized the advice of the 14th Finance Fee in 2014-15 that 42 consistent with cent of all taxes– an building up from 32 consistent with cent until then– must be given to the states.
“That Finance Fee stated now you lift it to 42 consistent with cent… which means that that Centre can have a lesser quantity in its hand. High Minister Modi, and not using a 2d thought of it, totally authorized the Finance Fee advice and for this reason as of late states get 42 consistent with cent of the amount–now diminished through 41 consistent with cent as a result of Jammu and Kashmir is now not a state.”
“It is going to quickly change into…perhaps someday…,” Sitharaman stated in her lecture on “Cooperative Federalism: The Trail In opposition to Atma Nirbhar Bharat” organised right here through Bharatiya Vichara Kendram in reminiscence of Sangh idealogue P Parameshwaran.
In August 2019, the central govt abrogated Article 370 of the Charter, which accorded particular standing to Jammu and Kashmir, and bifurcated the state into Union territories.
THIRUVANANTHAPURAM: Union Finance Minister Nirmala Sitharaman on Saturday hinted at the opportunity of the Centre bearing in mind restoring state standing to Jammu and Kashmir.
She dropped the trace whilst speaking concerning the distribution of budget to the states through the Centre as consistent with the suggestions of the 14th Finance Fee.
Turning in a lecture on Centre-State family members right here, Sitharaman stated High Minister Narendra Modi with none hesitation had authorized the advice of the 14th Finance Fee in 2014-15 that 42 consistent with cent of all taxes– an building up from 32 consistent with cent until then– must be given to the states.
“That Finance Fee stated now you lift it to 42 consistent with cent… which means that that Centre can have a lesser quantity in its hand. High Minister Modi, and not using a 2d thought of it, totally authorized the Finance Fee advice and for this reason as of late states get 42 consistent with cent of the amount–now diminished through 41 consistent with cent as a result of Jammu and Kashmir is now not a state.”
“It is going to quickly change into…perhaps someday…,” Sitharaman stated in her lecture on “Cooperative Federalism: The Trail In opposition to Atma Nirbhar Bharat” organised right here through Bharatiya Vichara Kendram in reminiscence of Sangh idealogue P Parameshwaran.
In August 2019, the central govt abrogated Article 370 of the Charter, which accorded particular standing to Jammu and Kashmir, and bifurcated the state into Union territories.