The Government of Karnataka in order to obtain a loss of reduced decentralization to Karnataka within 15. The Financial Commission proposed on Friday to find other grants on the basis of 16.
Chief Minister Siddaramaiaha, who also holds a portfolio of finance, and his economic advisor and MLA Basavaraj Rayaraddi, and higher officials attended a meeting and conducted discussions with Arvind Panagariya, chairman, 16.
16. The Financial Commission has already led one round of interviews with the Karnataka government.
Reduced decentralization
Karnataka, which complained about discrimination in delegating the funds by the government of the NDA, will require an increase in decentralization from 3.64% to 5% in the 16th Financial Commission.
15. The Financial Commission in its period (2020-21 to 2025-26) pulled the share of Karnataka (horizontal decentralization) from 4.71% in the 14th FC to 3.64%. According to the sources in the state secretariat, the state is likely to lose 62 098 crore during the 15th period.
Only 0.29 Paisa for one Rupees contributes to the Central Fund for the Central Fund, while Bihar returns 7.06 GBP and UTTAR Pradesh returns 2.73 GBP. The government has identified it several times.
CESS AND SUPPORTS
Currently, the center does not share Cess and surcharges collected from the states. Karnataka asks the center to bring universities and surcharges from the countries below the divisible pool. The center gathered about 5 lakh crore in the form of taxes from the state, but received about 55,000 crore, including grants from the center.
The period of the financial committee would begin from 1 April 2026.
Published – June 12, 2025 20:48
