Home Agency News Finance Commission to start consultations on revenue-sharing model in Mizoram tomorrow

Finance Commission to start consultations on revenue-sharing model in Mizoram tomorrow

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Finance Commission to start consultations on revenue-sharing model in Mizoram tomorrow

Aizawl: The16th Finance Commission, led by its Chairman Arvind Panagariya will start formal consultations with the Mizoram government, industrial organisations, rural and urban local bodies, autonomous institutions from Monday to evolve a revenue-sharing model between the central and state governments and various other aspects, officials said here on Sunday.

 

 

 

The Finance Commission Chairman, accompanied by three members — Ajay Narayan Jha, Annie George Mathew and Manoj Panda — along with several officials arrived in Aizawl on Sunday and then met the state Governor Gen Vijay Kumar Singh (retd) at the Raj Bhavan.

 

In the courtesy meeting, the Governor emphasised the importance of Mizoram’s needs and various current challenges, urging the commission to acknowledge the state’s financial limitations due to its low revenue collection when making recommendations to the central government.

 

The Governor also highlighted the difficulties Mizoram faces in infrastructure development due to its hilly terrain compared to other regions. Further, he also mentioned the impact of conflicts in neighbouring countries, which have led to an influx of refugees and added strain on the state, an official statement said.

 

The Governor also stressed the need for substantial efforts to address the drug trafficking issue and enhance the law and order situation to combat it more effectively.

 

He also underscored the need for the upliftment of the state’s lone airport in the state and creation of more employment opportunities for the youth.

 

The Finance Commission team later visited the Hunthar Veng landslide-affected area. During a four-day visit to Mizoram, the finance commission would hold a series of meetings with the Chief Minister Lalduhoma, his cabinet colleagues, government officials, political parties, three Autonomous District Councils (ADCs), local bodies, trade and industry representatives and Village Councils to hear their opinions and views on certain issues pertaining to the state as part of preparing its recommendations to the government of India.

 

The statement said that the Commission would visit key locations including Zoram Medical College and Hospital in Falkawn, as well as Thenzawl and Serchhip, where they would visit the Handloom Centre and other important sites. Based on their assessment, they would submit recommendations to the Union government.

 

The 16th Finance Commission was constituted on December 31, 2023. It is responsible for reviewing and recommending the revenue-sharing model between the central and state governments for a five-year period starting from April 1, 2026.

 


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The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

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