Naidu unhappy with 14th Finance Commission allocations

HYDERABAD: Chief Minister N Chandrababu Naidu today expressed discontent over 14th Finance Commission recommendations on the ground that it failed to provide assistance of Rs 1.41 lakh crore sought by the Andhra Pradesh Government.

“The Finance commission did not heed our request and we have not to turn to the Centre for succor”, he told media persons during his tour in Kuppam in his home district Chittoor.

However, Mr. Naidu expressed happiness over ten per cent of hike in Central Taxes to 42 per cent from existing 32 per cent. “Indeed we are happy to some extent that Parliament approved higher finance allocations to the States”. The States could now make use of the Central funds to start their own schemes. “I am happy that the Centre has accorded priority to the States”.

At the same time, the Chief Minister observed that the amount of Rs 22,113 crore allotted for revenue deficit by the Finance Commission would not be enough to pay salaries to staff. “The Centre has to extend full cooperation in terms of funds and timely allocations to meet our expectations.  Since bifurcation was not done in a proper way, the Centre has to help us to overcome financial crisis”, he maintained.

Mr. Naidu said though there was some improvement disparity between 14th commission and previous one, the State Government could not get its due share of allocations. He urged the Centre to offer more financial assistance to the Andhra Pradesh to build its new capital.  (NSS)

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