The non-release of grants and Covid-19 induced shortfall within the state’s personal revenues has handicapped the state, the Minister stated within the letter.
- Last Updated: September 19, 2020, 9:40 PM IST
FOLLOW US ON:
Telangana Municipal Administration and Urban Development Minister KT Rama Rao requested Union Finance Minister Nirmala Sitharaman to launch pending grants underneath the Finance Commission, amounting to Rs 1,433 crore.
The Minister wrote a letter to Sitharaman and stated the fifteenth Finance Commission has really helpful that the grants amounting to Rs 468 Crore to Hyderabad, with one million plus inhabitants, and Rs 421 crore to cities with inhabitants lower than a million, be launched in two equal instalments from June to October 2020. KTR stated the the advice had already been accepted by the Union Government and an ‘Action Taken Report’ to this impact was additionally positioned within the Parliament.
The Minister said that the grant to non-million plus cities has been break up into 4 instalments, in contravention of the advice of the Finance Commission, and the primary instalment amounting to Rs 105.25 crore was launched on May 19, 2020. The non-release of statutorily mandated Finance Commission grants and Covid-19 induced shortfall within the state’s personal revenues has handicapped Telangana, the Minister stated within the letter.
He additionally stated the state was denied its rightful entitlement within the grants to Urban Local Bodies because the Rs 2,502.90 crore launched by the Centre was not as per the really helpful quantity by the fourteenth finance fee – of Rs 2,711.12 crore. Thus, there was a shortfall of Rs 208.22 crore, he added.
“The state had fulfilled all conditions required for the performance grant of Rs 677.79 crore. But the amount released was only Rs 235.81 crore, with a shortfall of Rs 441.98 crore. Thus, the state has been denied Rs 650.20 crore of the statutory grant to urban local bodies,” he stated, including that the complete quantity had been launched to another states.
KTR requested Sitharaman to organize for the quick launch of all pending dues underneath the FC – a complete of Rs 1,433.95 crore, together with the overdue first instalment of grants.