Middle East

Harish Lao writes to Nirmala Sisalaman to free state funds

Hyderabad: Telangana’s Minister of Finance THarish Rao wrote again to Central Finance Minister Nirmala Sitharaman, citing a former representative calling for the immediate release of grants to the state.

In his letter, Lao released the two-year delinquency of the funds allocated under Andhra Pradesh Division Act 94 (2) for the development of the rear region, the allocated funds Rs.900 cr, I wrote to extend the grant for another 5 years. Released Rs.24,205cr recommended by Niti Ayog.

The 14th Finance Committee recommended the release of 817.61 cr to local agencies, 315.32 cr to local agencies and Rs.502.29 cr to city agencies, although the state meets all conditions, the central government. Rejected by.

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Compared to 2019-20, the state tax burden has been reduced in 2020-21, and the 15th Finance Commission now recommends Rs.723cr as a special grant to the state.

Lao also reminded the Central Finance Minister that the central government has no priority in rejecting the Commission’s recommendations.

The Minister of Finance of Telangana also called for the immediate release of pending Rs.210 IGST funds to the state.

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https://www.siasat.com/harish-rao-writes-to-nirmala-sitharaman-to-release-states-funds-2279287/ Harish Lao writes to Nirmala Sisalaman to free state funds

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