Karnataka CM Siddaramaiah writes to Nirmala Sitharaman seeking release of special grants
1 year, 4 months ago

Karnataka CM Siddaramaiah writes to Nirmala Sitharaman seeking release of special grants

India TV News  

Karnataka Chief Minister Siddaramaiah on Monday urged Union Finance Minister Nirmala Sitharaman to release special grants and State-specific grants recommended by the 15th Finance Commission. In a letter to Finance Minister, Siddaramaiah said, "The 15th Finance Commission has reduced Karnataka’s share in tax devolution to 3.647 per cent of the divisible pool for the term 2020-21 to 2025-26 from 4.71 per cent recommended by the 14th Finance Commission." “The decrease in tax devolution share to Karnataka by the 15th Finance Commission when compared with the 14th Finance Commission recommendation, has decreased the total tax devolution to the State by Rs 37,011 crore in the past four years, from 202-21 to 2023-24,” Siddaramaiah said in his letter. This alone dragged the devolution share of the State from 4.71 per cent awarded by the 14th Finance Commission to 3.64 per cent awarded by the 15th Finance Commission," he said.

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History of this topic

First-time BJP MLAs seek Rs 100 cr special grant from Karnataka Chief Minister
6 days, 18 hours ago

First-time BJP MLAs seek Rs 100 cr special grant from Karnataka Chief Minister

India Today  

First-time BJP MLAs in Karnataka urged Chief Minister Siddaramaiah to approve a special grant of Rs 100 crore each for their individual constituencies. They emphasised the need of Rs 50 crore each for fiscal years 2023-24 and 2024-25 to meet public demands and kickstart essential development projects in their areas. Rs 6,000 CR DEVELOPMENT FUND UNVEILED Meanwhile, sources in the …

CM Revanth Reddy asks centre to release Rs 1.8k crore for backward districts
1 week, 2 days ago

CM Revanth Reddy asks centre to release Rs 1.8k crore for backward districts

New Indian Express  

HYDERABAD: Chief Minister A Revanth Reddy has urged Union Finance Minister Nirmala Sitharaman to immediately release the pending grant of Rs 1,800 crore to the backward districts of Telangana as per the AP Reorganisation Act. Revanth discussed with the Union minister the grant which is to be received from the Centre for the development of backward districts and reminded her …

Karnataka rural bodies get first instalment of Centre's Financial Commission grants
1 month ago

Karnataka rural bodies get first instalment of Centre's Financial Commission grants

India Today  

The central government has released the first instalment of the 15th Finance Commission grants for the financial year 2024-25 to Karnataka’s rural local bodies, the Union Ministry of Panchayati Raj announced on Friday. “The Government of India through the Ministry of Panchayati Raj and Ministry of Jal Shakti recommends the release of XV-FC grants to the Rural Local Bodies, which …

Finance Commission open to revising Karnataka's tax devolution criteria
3 months, 3 weeks ago

Finance Commission open to revising Karnataka's tax devolution criteria

New Indian Express  

BENGALURU: The 16th Finance Commission on Thursday said that it is open to considering the Karnataka government’s suggestion on rejudging the criterion with regard to devolution of taxes to the states, but the final decision is “far away”. Commission chairman Dr Arvind Panagariya said Karnataka has submitted a proposal stating that the 45% weightage given to the distance of per …

Nirmala Sitharaman says Karnataka and Bengaluru are set to benefit under many schemes announced in Budget
4 months, 3 weeks ago

Nirmala Sitharaman says Karnataka and Bengaluru are set to benefit under many schemes announced in Budget

The Hindu  

Following criticism of the Union Budget by Chief Minister Siddaramaiah, Union Finance Minister Nirmala Sitharaman on Sunday defended the Centre’s financial allocation to Karnataka and said that many of the large projects announced in the Budget would bring benefits to the State. While Mr. Siddaramaiah had listed out Karnataka’s expectations from the Budget that were not met, Ms. Sitharaman gave …

‘Central transfers to Karnataka increased substantially’: Nirmala Sitharaman
4 months, 3 weeks ago

‘Central transfers to Karnataka increased substantially’: Nirmala Sitharaman

Hindustan Times  

Union finance minister Nirmala Sitharaman on Sunday clarified that the central transfers to Karnataka have “increased substantially”. Union Minister of Finance and Corporate Affairs Nirmala Sitharaman Hitting out at the Siddaramaiah-led state government, Sitharaman said that they “falsely” keep saying that the Centre does not give Karnataka its due. Sitharaman's comment comes days after the Congress government in Karnataka expressed …

Budget 2024: BIG announcement for Andhra Pradesh, Govt proposes Rs 15,000 crore to develop state capital
5 months ago

Budget 2024: BIG announcement for Andhra Pradesh, Govt proposes Rs 15,000 crore to develop state capital

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday proposed that the government will facilitate special financial support for the development of the capital city in Andhra Pradesh. Presenting the Budget for 2024-25 in the Lok Sabha, she further said the NDA government at the Centre is fully committed to financing and early completion of Polavaram Irrigation project, which is considered as …

CM Siddaramaiah wants action plan to spend Rs 5,000 cr for Kalyana Karnataka development
6 months, 1 week ago

CM Siddaramaiah wants action plan to spend Rs 5,000 cr for Kalyana Karnataka development

Deccan Chronicle  

Chief Minister Siddaramaiah has asked to prepare an action plan by July 15 to utilize the budget allocation of Rs 5,000 crore for the Kalyana Karnataka region.During a review meeting of the Kalyana Karnataka Regional Development Board, Siddaramaiah instructed that tenders for approved works should be issued immediately and emphasized the need for a thorough evaluation of the projects.He stressed …

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’
8 months, 4 weeks ago

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’

The Hindu  

Terming the Karnataka government’s attack on the Centre on funding as “completely false and misleading”, Union Finance Minister Nirmala Sitharaman on Sunday said the devolution to the State and the Centre’s grants in aid had increased while GST compensation had been completely paid. So do they acknowledge that what was received was not part of Finance Commission’s recommendation?” On the …

FM Sitharaman Asserts Full Disbursement of Dues to Karnataka
8 months, 4 weeks ago

FM Sitharaman Asserts Full Disbursement of Dues to Karnataka

Deccan Chronicle  

New Delhi : Union finance minister Nirmala Sitharaman dismissed claims by the Karnataka government regarding the release of special grants to the tune of `5,495 crore by the Centre as recommended by the 15th Finance Commission. The statement follows Karnataka’s filing of a writ petition in the Supreme Court, urging the Centre to promptly release grants under the National Disaster …

Siddaramaiah presents Budget for 15th time in Karnataka
10 months, 1 week ago

Siddaramaiah presents Budget for 15th time in Karnataka

Deccan Chronicle  

BENGALURU: Chief Minister Siddaramaiah on Friday presented State budget 2024-25 which was his 15th budget presentation in his political career and in the budget presented the Chief Minister holding Finance ministry, stated that the total expenditure for the financial year is estimated to be Rs 3, 71, 383 crore which includes Revenue expenditure of Rs 2, 90, 531 crore, capital …

Karnataka budget: CM allocates ₹52,000 cr welfare funds on 5 guarantee schemes
10 months, 1 week ago

Karnataka budget: CM allocates ₹52,000 cr welfare funds on 5 guarantee schemes

Hindustan Times  

Bengaluru: Karnataka chief minister Siddaramaiah on Friday presented his 15th Budget, announcing an outlay of Rs.3.71 lakh crore for the state this financial year. Karnataka chief minster Siddaramaiah with a bag containing budget papers arrived at Vidhana Soudha, in Bengaluru on Friday Despite a presenting revenue deficit budget, the chief minister pinned his hopes on the government’s guarantee schemes to …

Union Minister Pralhad Joshi Says Karnataka Got More From NDA Then UPA
10 months, 1 week ago

Union Minister Pralhad Joshi Says Karnataka Got More From NDA Then UPA

Deccan Chronicle  

Bengaluru: In response to the ruling Congress government accusations of “injustice” in tax devolution and in release of grants to Karnataka by the Bharatiya Janata Party led Central Government, Union Minister for Parliamentary Affairs Pralhad Joshi on Tuesday furnished details on contributions of Central Government to Karnataka under Prime Minister Narendra Modi from 2014 to till date and stated that …

No discrimination in tax sharing with States: FM Nirmala Sitharaman
10 months, 2 weeks ago

No discrimination in tax sharing with States: FM Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on Wednesday sought to dismiss allegations that the Centre was not giving money to the States and termed the Karnataka government’s charges about inadequate tax devolutions and discrimination in sharing Central taxes “patently wrong and mischievous”. Noting that even Tamil Nadu had voiced concerns, the Minister assured the House that the government had followed the …

‘Is Finance Commission merely facade under BJP’: Karnataka CM Siddaramaiah
10 months, 2 weeks ago

‘Is Finance Commission merely facade under BJP’: Karnataka CM Siddaramaiah

Hindustan Times  

Karnataka Chief Minister Siddaramaiah has hit out at the Central government over the release of funds for the state, saying that the dwindling grants-in-aid and the glaring absence of budgeted funds raise the question of whether the autonomy of the Finance Commission is merely a 'facade' under the BJP. Siddaramaiah further said that under the 14th Finance Commission, Karnataka received …

K'taka lost ₹1.87 lakh crore during 15th Finance Commission: CM Siddaramaiah
10 months, 2 weeks ago

K'taka lost ₹1.87 lakh crore during 15th Finance Commission: CM Siddaramaiah

Hindustan Times  

Stepping up the attack on the NDA government over the issue of tax devolution, Karnataka Chief Minister Siddaramaiah on Monday said the state has incurred a total loss of ₹1.87 lakh crore during five years under the 15th finance commission due to declining Central grants and urged that they be set right. Pointing out at the federal structure of the …

Telangana Govt Urges Centre to Release Funds Worth Rs 900 Crore for Development of Backward Districts
2 years, 10 months ago

Telangana Govt Urges Centre to Release Funds Worth Rs 900 Crore for Development of Backward Districts

News 18  

The Telangana Government on Saturday appealed to the Centre to immediately release funds and grants to the state which has been pending for some time. In a letter addressed to Union Finance Minister Nirmala Sitharaman, finance minister Harish Rao urged her to release Rs 900 cr funds immediately towards the development of backward districts under the Bifurcation Act under 94 …

Harish Rao urges FM Nirmala Sitharaman to release funds for TS
2 years, 10 months ago

Harish Rao urges FM Nirmala Sitharaman to release funds for TS

Deccan Chronicle  

Hyderabad: Ahead of presenting the state Budget for 2022-23, finance minister T. Harish Rao has written to Union finance minister Nirmala Sitharaman, urging the Centre to ensure an early release of grants due to the state from 2018-19. Rao stated that grants under Section 94 of the AP Reorganisation Act towards development of backward areas for 2019-20 and 2021-22 amounting …

State seeks immediate release of ₹ 1,433 crore
4 years, 3 months ago

State seeks immediate release of ₹ 1,433 crore

The Hindu  

Municipal Administration Minister K. T. Rama Rao has written to Union Finance Minister Nirmala Sitaraman, highlighting that non-release of statutorily mandated Finance Commission grants and the COVID-induced shortfall in State's own revenues had handicapped Telangana no end. The State was also denied its rightful entitlement in the grants to urban local bodies recommended by the Fourteenth Finance Commission, Mr. Rao …

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