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Delhi has no love lost for South, says Yanamala
Alleging that the Centre has set terms and conditions in favour of northern states by influencing the 15th Finance Commission, Finance Minister Yanamala
Even Finance panel was influenced to favour northern states: FM
Amaravati: Alleging that the Centre has set terms and conditions in favour of northern states by influencing the 15th Finance Commission, Finance Minister Yanamala Ramakrishnudu said the performing states in South India would suffer losses with the unilateral attitude of the Union government.
Yanamala objected to the conditions set forth for the Commission for devolution of funds and alleged that the Centre was trying to take over the powers of the states. He said the Centre did not consider the demand of Andhra Pradesh on revenue loss to the state due to the bifurcation.
In a statement on Sunday, the Finance Minister said the BJP-led NDA government was influencing even the 15th Finance Commission which has constitutional autonomous. "We strongly object to the terms and conditions set forth for the Fifth Finance Commission that suggest 2011 population be taken as the base, GST be enhanced and welfare schemes for the poor be reduced. Already the subsidy component for the poor has been reduced by one per cent last year. This shows the Centre has no real concern for the poor," he said.
Yanamala said the 15th Finance Commission’s conditions enable enhancement in the Centre’s revenue while slashing the states’ share in Central taxes.
Moreover, the weightage proposed to be given to low-income states would result in higher fund flow to non-performing states, he said. This would be detrimental to the southern states, Yanamala observed.
The Centre claimed that the devolution of funds rose from 32 to 42 per cent as per the 14th Finance Commission recommendation.
But, the financial burden on the states increased by 30 per cent because the funding pattern for the Centrally-sponsored schemes was changed from 90:10 to 60:40, he said. Stating that the Centre was trying to take over the powers of the states, he asked the Centre that was it cooperative federalism. The Centre should consult with all states before formulating the FFC guidelines and do justice, he demanded. Finance Ministers of all South Indian states would meet in Thiruvananthapuram on April 10 to discuss all these issues, he said.
