Fifteenth Finance Commission to visit Haryana from May 3-5

CHANDIGARH, MAY 2

The Fifteenth Finance Commission is visiting Haryana from May 3 to 5, 2018, the first state in the National Capital Region (NCR). The Commission will also hold an 'Interactive session on Agriculture' on May 3 to explore ways of tackling the issues related to stubble burning, pollution and increasing farm productivity.

Led by the Chairman, Mr. N.K.Singh, it will include members Dr. Anoop Singh, Dr. Ashok Lahiri, Dr. Ramesh Chand and Secretary Mr Arvind Mehta along with officials. The commission will assess the state of finances in Haryana and its socio-economic challenges. On the eve of the visit, the Commission was briefed by the Accountant General of Haryana in New Delhi.  

             Haryana’s economy achieved robust growth rates of 10% and 12.14% respectively, during 2015-16 and 2016-17. The Commission noted that Haryana has made significant progress in implementation of IFMS, adoption of SDG Goals, and made efforts towards eliminating losses of power sector and implementation of social sector schemes.

      It is encouraging to note that the state government has been implementing schemes like One Stop Center Sakhi, Aapki Beti Hamari Beti, Haryana Kanya Kosh, Sukanya Smariddhi Account and Aanganwadi Adoption Programme- Hamari Phulwari-apart from central schemes like Beti Bachao Beti Padhao and Pradhan Mantri Matru Vandana Yojana.

A spokesman of the commission said in order to sustain growth momentum, there is need to find innovative ways to go forward in dealing with implementation of UDAY scheme, ensuring credible macro stability, improving power sector and transport sector and improving the quality of public expenditure, particularly capital expenditure and social sector indicators and SDGs.

The spokesman said Haryana had been achieving all- round development taking full benefits of its proximity with NCR. About  40 per cent of the total area of the National Capital Region (NCR) is that of Haryana State. The state's economy is largely dependent on tertiary sector which contributes around 45% of the states GSDP. Some key facts about the economy. 

 Haryana has one of the highest Own Revenue Receipts (ORR) as % of TRR in India. This is one of the most dynamic economic regions of the country and Haryana alongwith some parts of UP, receives around 20% of the total of the total FDI inflows to the nation. Third highest in PCI income across all states, the top two states being Goa and Sikkim, he added.

The Finance Commission needs to make an in-depth study of the recent developments and future possibilities of economic growth and development of Haryana. This will be based on various interactions and meetings the Commission is scheduled to have in Haryana during the visit. 

Detailed presentations will be made on the finances of the state government. The Commission will also meet leaders of various political parties and representatives of trade and industry. There will also be an interactive session with the Urban Local Bodies and Panchayati Raj Institutions.

 The Commission plans to visit different states, understand their developmental requirements and resource availability to firm up its conclusions and make recommendations.  It will have meetings with chief minister, ministers and other officials of the state.

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