The Untied Grants will be utilised by RLBs for location-specific felt needs, under the 29 subjects enshrined in the Eleventh Schedule of the Constitution, except for salaries and other establishment costs.
The Centre has released the 15th Finance Commission grants during the financial year 2024–25, for the Rural Local Bodies (RLBs) of Haryana, Tripura and Mizoram.
Ahead of the 16th Central Finance Commission, Karnataka Chief Minister Siddaramaiah on Wednesday said that he will strongly demand to increase the tax share during the commission’s meeting.
Chhattisgarh Chief Minister Vishnu Deo Sai made an impassioned plea for special grants for Chhattisgarh in a pivotal meeting with the 16th Central Finance Commission led by Chairman Dr Arvind Panagariya.
It said India has released Rs 3,774.20 crore as the 14th Finance Commission grants and Rs 5,337 crore (as of June 28, 2024) as the 15th Finance Commission grants to the gram panchayats in Kerala.
After meeting with Prime Minister Narendra Modi where key issues concerning Karnataka's development and progress were discussed, Karnataka Chief Minister K Siddaramaiah on Saturday submitted a detailed letter to Prime Minister Modi highlighting key demands and priorities for Karnataka's development.
The 16th Finance Commission is on a three-day visit to Himachal Pradesh to give its recommendations for the next five years.
The 16th Finance Commission on Wednesday invited applications for the post of economic adviser, the Ministry of Finance said in a statement.
The government appointed four members of the newly-constituted Sixteenth Finance Commission on Wednesday.
Out of these three posts, two posts of joint secretary and one post of economic adviser have been approved by the cabinet.
