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Odisha CM demands 50 percent state’s share in central tax before 16th Finance Commission

Odisha CM demands 50 percent state’s share in central tax before 16th Finance Commission

Bhubaneswar, Feb 6 (UNI) Odisha Chief Minister Mohan Charan Majahi on Thursday demanded before the 16th Finance Commission to hike the state’s share in the central tax from the existing 41 percent to 50 percent.

Majhi made this demand during a meeting with the Chairman and members of the 16th Finance Commission.
The 16th Finance Commission Chairman Arvind Panagariya and members held a discussion with the Chief Minister and senior government officials on the concluding day of their four-day visit to the state.
After the meeting, the Chief Minister told newsmen that the state government has presented a demand for an allocation of Rs.12,59,148 Crore for the next five years from 2026-2031 to expedite the developmental works.
The state government demanded Rs. 9,88,422 Crore as the Pre-devolution Revenue, Rs 1,10,434 crore to fulfil special needs and Rs.1,36,000 crore for the local bodies.
Majhi said Odisha also requested for an allocation of Rs.31,400 crore allocation for SDRF and Rs.29,252 crore for disaster mitigation management, considering the state as a disaster prone and repeatedly being hit by cyclones.
Official sources said the State Government also sought an increase in Odisha’s share in the Central allocation from 4.528 percent to 4.964 percent and urged the 16th Finance Commission to allocate 2 percent of the Gross Revenue Retention (GRR) to panchayats and urban local bodies.
The Chief Minister said the state also demanded 100 percent allocation to the State Disaster Relief Fund (SDRF) instead of 75 percent and urged the commission to focus on agriculture, MSME sectors, Financial security and health sector.
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