Friday, Apr 19 2024 | Time 13:18 Hrs(IST)
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Business Economy


Finance Commission to visit Gujarat from Sunday

New Delhi, July 20 (UNI) The 15th Finance Commission led by Chairman N K Singh will visit Gujarat from July 22 to July 25.
The Commission will have meetings with Chief Minister, Ministers and other officials of the state.
Detailed presentations will be made on the finances of the state government. Ahead of the visit, the Commission understood in New Delhi, various aspects of its finances and issues related to socio-economic spheres from Accountant General of Gujarat.
Apart from the meetings and presentations, the state government will also showcase its flagship programmes to the Commission. The Commission will also meet leaders of various political parties and representatives of trade and industry.
There will also be an interactive session with Urban Local Bodies and Panchayati Raj Institutions to understand the status of the devolution (funds, functions and functionary) to the third tier and outstanding issues related to the State Finance Commission.
Gujarat has been one of the best performing states and has made significant progress in various macro-economic parameters in last decade or so. State GSDP growth rate has been higher than GDP growth of India since 2012-13 and it has been able to generate revenue surplus continuously since 2011-12.
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