Latest 16th Finance Commission News & Updates

Bengaluru, Jan 30 (IANS) Karnataka government has placed its legitimate and constitutionally grounded demands before the 16th Finance Commission, seeking justice in tax devolution and fiscal federalism, stated Chief Minister Siddaramaiah. The government has also released posters in this regard and launched a campaign seeking justice for the state.Siddaramaiah stated, “Through this campaign – ‘JUSTICE FOR KARNATAKA, FAIR SHARE, STRONG FEDERALISM’ – the Government has released nine posters, ea…

Bengaluru, Jan 21 (IANS) The uncertainty over the Governor’s customary address to the joint session of the Karnataka Legislature continued, with Governor Thawarchand Gehlot asking the state government to remove 11 paragraphs from the speech prepared by the state Cabinet. The delegation that met the Governor conveyed that the matter would be discussed with the Chief Minister, and a decision would be communicated to him.The joint session is scheduled to be held on January 22. A delegation headed…

New Delhi, Jan 17 (IANS) The Department of Economic Affairs (DEA), through policies across macroeconomics, capital markets, infrastructure, digital finance and investor protection and empowerment, has strengthened economic fundamentals and positioned India for sustained future growth, according to the government.For example, DEA guided India’s economic management, fiscal strategy, and financial sector coordination, while implementing reforms to support growth, stability, investment, and global…

Bengaluru, Dec 27 (IANS) Just as farm laws were repealed, the VB- G RAM G Bill, passed in the Parliament, aimed to weaken the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), too, will be withdrawn, stated the Karnataka government. Addressing a press conference on Saturday, Minister for Rural Development and Panchayat Raj, IT and BT Priyank Kharge made the statement in this regard.Criticising the Centre, he said, “Just as the farm laws were repealed, this too will be withdrawn. …