Monday, May 30, 2016

Haryana constitutes Fifth State Finance Commission

CHANDIGARH, MAY 30
The Haryana Government has constituted the Fifth State Finance Commission (SFC),  under the chairmanship of  Mr Mukul.G.Asher of LKY School of Public Policy, National University of Singapore.
          While giving this information here today, an official spokesman  said that   the  commission  has been constituted in pursuance of the provisions of the article 243 I and 243 Y of the Constitution of India and section 213 of the Haryana Panchayati Raj Act , 1994 and rule 3 of the Haryana Finance Commission Rules, 1994.
          He said that other members of the Commission included Mr Vishnu Bhagwan, Ms Rohini Aggarwal, Dr. Aniruddha Rajput, Mr Sham Lal Bansal, Mr Rajinder Mohan Walia, Mr Anurag Bakshi and Ms Neeta Khera. Ms Amneet.  P. Kumar, Secretary, Secretariat Establishment and Finance Department, Haryana would be Member Secretary.
          He said that the Commission would make recommendations relating to the principles which should govern the distribution between the State and the Zila Parishads, Panchayat Samitis and Gram Panchayats, of the net proceeds of the taxes, duties, tolls and fee  leviable by the State which may be divided between them under Part IX of the Constitution of India and the allocation between the Zila Parishad, Panchayat Samiti and Gram Panchayats at all levels of their respective shares of such proceeds. It will also make recommendations regarding determination of the taxes, duties, tolls and fee  which may be assigned to, or appropriated by, the Gram Panchayats, Panchayat Samitis and Zila Parishads.It would also make recommendations related to  grants-in-aid to the Zila Parishad, Panchayat Samiti and Gram Panchayat from the Consolidated Fund of the State. He said that the Commission would also make the recommendations regarding the measures needed to improve the financial position of the Gram Panchayats, Panchayat Samitis and Zila Parishads.
          He said that apart from this, the SFC would also make the recommendations relating to the principles which should govern the distribution between the State and the Municipalities of the net proceeds of the taxes, duties, tolls and fee  leviable by the State, which may be divided between them under Part IX A of the Constitution of India and the allocation between the Municipalities at all levels of their respective shares of such proceeds.Also, its principles would govern  the determination of the taxes, duties, tolls and fee  which may be assigned to, or appropriated by the Municipalities and the grants-in-aid to the municipalities from  Consolidated Fund of the State and measures needed to improve the financial position of the Municipalities.
         The spokesman said that in making its recommendations, the Commission would  have regard, among other considerations, to the objective of balancing the receipts and expenditure of the State and for generating surplus for capital investment; the resources of the State Government and demands thereon particularly in respect of expenditure on Civil Administration, maintenance and upkeep of capital assets, maintenance expenditure on plan schemes and other committed expenditures or liabilities of the State  and the requirements of the Panchayati Raj institutions and the Municipalities, their potential for raising resources and for reducing expenditure.
          The Chairman and other members of the Commission would hold office for a period of one year and the commission would make its report available to the State Government on expiry of this period.
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