15th Finance commission to visit Kerala for 3 days from May 28
Thiruvananthapuram: The 15th Finance Commission will visit Kerala from May 28 to 31, amid concerns raised by the southern state that its Terms of Reference were against the state's interest.
The five-member Commission led by Chairman N K Singh, will assess the state of the finances of Kerala and the progress made in socio-economic fields. Ahead of the visit, the Commission was apprised of its various aspects by the Accountant General of Kerala in New Delhi.
The commission will have meetings with Chief Minister Pinarayi Vijayan, Ministers and other officials of the state. Detailed presentations will be made on the finances of the state government.
The Commission will also meet leaders of various political parties, representatives of Trade and Industry and also hold an interactive session with Urban Local Bodies and Panchayat Raj Institutions.
The CPI(M)-led LDF Government has decided to ask the Centre to increase the state's share in central taxes to 50 per cent from the present 42 per cent.
Kerala was also worried that its tax share would come down to 1.8 per cent from the present 2.5 per cent, if the 2011 census was taken as the base for allocation of central tax revenue.
Kerala had convened a meeting of Finance Ministers of southern states here on April 10 to arrive at a consensus on their response to the Terms of Reference. State Finance Minister Thomas Isaac has said these states were being 'penalised' for successfully implementing national policies.
A similar meeting was also held on May 7 at Amaravati in Andhra Pradesh to discuss the commisison's proposal.