Union Finance Minister Nirmala Sitharaman requested the state authorities to focus on the problem with the 15th Finance Commission and let the latter resolve.
- Last Updated: October 7, 2020, 8:24 PM IST
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Amaravati:: Agreeing that the dispute raging between the Centre and the Andhra Pradesh authorities overpayment of income deficit grant for over 5 years now nonetheless remained unresolved,Union Finance Minister Nirmala Sitharaman, nonetheless, mentioned it was for the 15th Finance Commission to take acall on the problem and never the Finance Ministry. She requested the state authorities to focus on the problem with the 15th Finance Commission and let the latter resolve.
“It is unresolved. But its for the 15th Finance Commission to decide, not the Finance Ministry. I said this also to the state government when the Finance Minister met me,” Sitharaman instructed a press convention in Vijayawada on Wednesday night.
During his latest journey to New Delhi, Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy submitted a memorandum to the Centre stating that a sum of Rs 18,830.87 crore was nonetheless overdue within the type of income deficit grant to the state. Post-bifurcation of the state in 2014, the Centre agreed to bridge the income hole however pegged the quantity at Rs4,117.89 crore for the monetary 12 months 2014-15 whereas the state authorities, citing a CAG report, claimed the quantity was Rs 22,948.76 crore.
Even out of the Rs 4,117.89 crore, the Centre to this point paid solely Rs 3,979.50 crore, leaving a hole of Rs 138.39 crore, in accordance to the state authorities. “I dont know about the amount and what is unresolved is something which the Ministry has to work, considering that it was based on the 14th Finance Commissions recommendations.
The 14th FCs term is over. So it is an issue which has to be discussed,” Sitharaman mentioned, replying to questions. Maintaining that she was not questioning the state authorities’s claims on the problem, the Union Finance Minister remarked, “I dont know what kind of solutions I can offer.
This is something which I have told the minister concerned who met me to speak about it.” She identified that the one-year report of the 15th Finance Commission has already come and was being carried out. “And, the 15th FC will give for the rest of the 4-5years.You are talking about a recommendation of the 14th FC, so it has to be discussed,” Sitharaman added.