Budget 2023: FM Nirmala Sitharaman meets country finance ministers; states demand more finances

Budget 2023: Union Finance Minister Nirmala Sitharaman held a pre-finances consultation with the Finance Ministers of States and Union Territories in New Delhi on Friday. State finance ministers stepped up their demand for greater budget, extra say in imposing centrally backed schemes and a growth in payments for royalty on minerals.

Budget 2023: FM Nirmala Sitharaman meets country finance ministers; states demand more finances

Tamil Nadu Finance Minister P Thiaga Rajan said that states, cutting throughout party traces, stated that centrally sponsored schemes are constraining states’ economic autonomy when you consider that in a few schemes states grow to be contributing massive amount that’s extra than the Centre’s contribution. “All states, no matter political birthday party, expressed commonplace theme states financial autonomy is significantly constrained via the extent of centrally backed scheme, through the quantity of changing ratios of investment of such schemes,” Thiaga Rajan told newshounds.

States demanded that they have to receive extra flexibility in enforcing CSS. CSS are implemented through a joint contribution of the Union Government and State Governments. Bihar Finance Minister Vijay Kumar Choudhary said centrally backed schemes ought to be confined as the burden on states for such schemes is growing. The center needs to enforce best Central sector schemes in the event that they need to assist states, he stated.

Meghalaya Chief Minister Conrad Sangma said he has demanded an boom in capital assistance given to the states. “Have requested for a device in which it need to be linked to populace. Village-based totally schemes should be harassed on,” Sangma said.

Andhra Pradesh Finance M Buggana Rajendranath Reddy said he has sought unique assistance towards capital expenditure. “We have demanded that country-promoted renewable tasks to be protected in green bond investment scheme,” Reddy said.

Himachal Pradesh Chief Minister Jai Ram Thakur sought better avenue, rail, air connectivity inside the state to promote tourism. GST on apple packaging be reduced to 12 per cent from 18 in line with cent, stated Thakur, who holds the Finance portfolio.

Chhattisgarh Chief Minister Bhupesh Baghel asked the Centre to launch budget for enforcing the vintage pension scheme for country authorities’ personnel. He additionally demanded a growth in royalty for minerals extracted in the nation and the fixation of different royalties on distinct grades of coal and iron ore.

According to a release via the Haryana authorities, Chief Minister M L Khattar demanded that the Centre deliver a special financial bundle to Haryana as 14 districts of the state fall within the National Capital Region and lot of sources need to be spent on production and preservation of infrastructure in those areas.

The meeting was attended by way of Union Ministers of State (Finance), Chief Ministers, Deputy Chief Ministers, Lt. Governor of Jammu & Kashmir, Finance Ministers, Ministers and Senior Officers from the States/Union Territories and the Union Government.

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