Odisha demands ₹12.59 Lakh Crore from 16th Finance Commission

The Odisha government has placed a demand of 12.59 lakh crore rupees before the 16th Finance Commission. The demands have been placed before the Commission team led by its Chairman Aravind Panagariya at a meeting with Chief Minister Mohan Charan Majhi at Bhubaneswar yesterday. The Commission is on a four-day visit to Odisha. 

Briefing media persons, Mr. Majhi said Odisha has also asked the Finance Commission to make provision of a 100 percent grant under the State Disaster Response Fund from the Centre and to increase the state’s share in central tax from 4.5 percent to 4.9 percent. The Odisha Chief Minister said earlier the Centre



contributed 75 percent of the SDRF while the state took the burden of the remaining 25 percent.

However, this time, Odisha has demanded a 100 per cent grant for SDRF as the state is disaster-prone and often affected due to cyclones, floods and other such calamities. Mr. Majhi also demanded a fixed 2 percent share of the Centre’s revenue for urban local bodies and Panchayati Raj institutions. He said the demands are made keeping in view the state’s goal of emerging as one of the top five states in India by 2036, when Odisha will complete 100 years of its formation as a separate state.