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As against share of 6.16 of total tax devolution during 13th Finance Commission award North Eastern States now get 7.94 of total tax devolution under 14th Finance Commission (FFC) award

News and Press Release - Dated:- 24-2-2016 - Apart from estimated share in Central Taxes of ₹ 3,13,375 crore during 14th Finance Commission (FFC) award period, FFC also recommends grant-in-aid of ₹ 63,206 crore for North Eastern States. Share of central taxes have increased by 251%, grant-in-aid by about 44% and in overall there is an increase of 183% in untied resources transferred to eight NE States under the recommendations of FC. During 2015-16, ₹ 32,657 crore (i.e.79%) as .....

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e. North Eastern and hill States have several unique features that have a bearing on their fiscal resources and expenditure needs and on federal fiscal relations. Taking into account the disabilities arising from constraints unique to each State like low level of economic activity and the consequential low revenue capacity in terms of low tax base, low per capita income; the disability arising from large forest cover and hilly terrain; remoteness and having international borders; infrastructure .....

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e of 6.16% of total tax devolution during 13th FC award, NE States now get 7.94% of total tax devolution under FFC award. There is greater predictability and certainty now in the quantum of funds flowing to the States apart from the overall increase in untied funds. The transfer of Statutory Resources or untied fund flow to NE States in aggregate have gone up to Rs.54,385 crore in 2015-16, from ₹ 30,072 crore in 2014-15, indicating an increase of 81%. The details are shown in the table bel .....

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