Hyderabad, Aug.7 (Hydnow): Minister for Finance T Harish Rao lashed out at the NITI Aayog for misleading the people on the allocation of funds to the States.
Speaking to the media here on Sunday, Minister Harish Rao said that the note issued by NITI Aayog after the announcement of boycotting its meeting by Chief Minister K Chandrasekhar Rao on Saturday was full of lies and was completely misleading the people.
He alleged that the NITI had taken political colors and was singing the chorus of the Bharatiya Janata Party (BJP) government at the Centre.
Advertisements
On one hand, the Union government has increased taxes in the name of Cess from 10 to 20 percent. On the other hand, it has reduced funds allocation to the States. The Centre had collected over Rs.15.47 lakh crores in the name of Cess since the year 2014 in which States revenue was Rs. 8.67 lakh crores. But the Centre has been denying the share of revenue to States and is deliberately obstructing the rights of States, Harish Rao pointed out.
In fact, the share of States revenue collected by the Centre is 42 percent but the Centre is giving only 29.6 percent, he said.
Responding to the remarks made by the NITI Aayog that the Telangana government could not utilize Rs.3982 crores granted under the Jala Jeevan Mission by the Centre, the Minister said the Centre didn’t release any funds under the scheme and it was completely misleading the people.
Advertisements
The NITI Aayog stated that allocation of funds to States had increased from 32 percent to 42 percent. However, the 15th Finance Commission and Comptroller and Auditor General (CAG) found fault with its statement and announced that the States were not getting their due share in the allocation, Harish Rao reminded. (Hydnow)
Next Story:
-
Asaduddin Owaisi Urges People To Participate In Caste Census
AIMIM President Asaduddin Owaisi urged the people to participate in the ongoing ‘caste census’ being taken up in the State.
-
Heavy Rains In Telangana For Next Three Days
The people of Telangana have been alerted because of moderate to heavy rains in the state for the next three days, according to the Indian Meteorological Department (IMD).
-
Abdul Hafeez From Telangana Elected As SIO India National President
Abdul Hafeez from Telangana was elected as the National President of the Students Islamic Organisation (SIO) of India.
-
Banks To Remain Closed On These Dates In December 2024
Banks will not function on 17 days in December on account of festivals, as well as on second and fourth Saturdays and all Sundays.
-
Youth Kills His Girlfriend With Knife In Madhya Pradesh
A youth stabbed his girlfriend seven times with a knife in broad daylight after accusing her of cheating in Madhya Pradesh on Wednesday afternoon. After seriously injuring the woman, the accused fled the scene.
Now you can get latest stories from Hydnow everyday. Click the link to subscribe. Click to follow Hydnow Facebook page and Twitter and on Instagram