Wednesday, 08 May 2024

 

 

LATEST NEWS Sukhpal Singh Khaira And Dr. Dharamvir Gandhi File Nomination For Patiala And Sangrur LPU Hosts Mega Reunion: Thousands of LPU Alumni Relive Cherished Campus Memories CEO Maneesh Garg Releases Cycling T-Shirt containing message for voters Parth Jindal Net Worth [May 2024]: Know The Income of Delhi Capital Co-owner & Scion of JSW Group Gurjeet Singh Aujla took time out from the elections to meet the wrestlers Aam Aadmi Party got a big boost in Doaba, well-known Dalit leader and BSP candidate from Hoshiarpur Rakesh Soman joined the AAP Karan Kundrra has an amazing car collection. Let us know about Karan's car collection Armaan Malik reveals American singer Lauv’s role in his ‘Lauv Story’ with fiancée Aashna Shroff Mona Patel Net Worth 2024 | Unveiling the Net Worth of a Fashion Icon Is Aadhar Housing Finance IPO Worth Your Investment? Let’s Explore ME students from CGC Landran devise innovative Electric Wheelbarrow Clove Dental, India’s Largest Dental Chain opens 12 new Clinics in a single day to reach a milestone number of 500 Clinics in the Country President Droupadi Murmu given warm send off Synchrony Announces Rachana Bahadur as Senior Vice President, Country Head – India Cherished Moments: A Mother's Day Getaway at Fairmont Jaipur Mohnish Pabrai Net Worth (May 2024): Know The Wealth Of Indian-American Businessman We are working on the concept of 'Ek desh - Shresth desh'- Vij Expenditure observers hold meeting with ARO’s, AEO’s & other senior District Administration officials Election expenditure worth Rs 1.11 crore of various political parties recorded so far in Ludhiana PC- Sakshi Sawhney Lt Governor Manoj Sinha reviews functioning of Cooperative Department After Shaitaan’s OTT debut, check out 5 Supernatural Horror Hits to Stream Now

 

Finance panel should be guided by constitutional mandate : Pinarayi Vijayan

Listen to this article

Web Admin

Web Admin

5 Dariya News

Thiruvananthapuram , 10 Apr 2018

Kerala Chief Minister Pinarayi Vijayan on Tuesday demanded the reframing of the terms of reference of the 15th Finance Commission which, he said, was necessary to save the federal structure of the Indian Union.The Finance Commission -- which delves into the financial relations between the Centre and states -- should be guided more by its constitutional mandate than arbitrary terms of reference, Vijayan said in his inaugural address at the one-day workshop here.The workshop was called by state Finance Minister Thomas Issac for his counterparts from southern states to express resentment against the Centre and to have a detailed review and critique of the terms of reference of the Finance Commission.Finance Minister of Tamil Nadu and Telengana were conspicuous by their absence at the event."... (there is) a conspicuous bias in-built in the terms of reference of the new commission. It is widely feared that these terms framed by the Centre will prevent the panel from fulfilling its constitutional responsibility," Vijayan added.The Chief Minister said all states should appeal to the central government to reframe the terms of reference.

"The reframing of the terms of reference is imperative to strengthen the federal structure of the country and to reinforce its unity and integrity," said Vijayan, a senior Communist Party of India-Marxist leader from Kerala.Vijayan said the commission role assumes significance, given the fact that the Centre is given near monopoly over the right to mobilise resources."We are all aware that the terms of reference have created apprehension about the principles of fairness and equity in the distribution of national resources for development. The unity of India can be preserved only if there is real fairness and equity in devolution of financial powers and resources to the states by the Centre," the Chief Minister added.Vijayan expressed reservation over the Financial Commission proposal for "measurable performance-based-incentives" which he claimed was an attack on the federal structure of the Indian state."Such terms of reference, we fear, might end up altering the commission's status from a constitutional authority entrusted with devolution of national fiscal resources to an administrative mechanism for fiscal administration and monitoring," added Vijayan.

 

Tags: Pinarayi Vijayan

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD