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Non-NDA states flay change 15th Finance panel's terms of reference -Ronak Chhabra

-Newsclick.in The Modi Government’s sudden modification of the terms of reference via a presidential order on July 29 is an attempt to squeeze the revenue share of states, say Opposition leaders. New Delhi: The Narendra Modi government’s decision to change the terms of reference of the 15th Finance Commission through a Presidential Order is aimed at further squeezing the revenue share of states, without even consulting them, various finance ministers of non-BJP...

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Centre ought to have consulted states on terms of reference to Finance Commission: Manmohan Singh

-The Hindu Former PM Manmohan Singh says change undermines federal polity New Delhi: Former Prime Minister Manmohan Singh on Saturday remarked that the Centre ought to have consulted the State governments before introducing additional terms of reference for the 15th Finance Commission seeking to create separate funds for Defence and Internal Security. Asserting that unilateralism was not good for a federal polity and cooperative federalism, Mr. Singh said the best course would have...

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Buying homes to get cheaper for govt employees as FM reduces interest on house-building advance

-News18.com House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat. New Delhi: In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields. The...

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Govt should take CMs' views for Finance Commission's reference terms: Manmohan

-PTI Earlier in July, the Centre changed the terms of reference of the 15th Finance Commission and mandated the panel to suggest ways for allocation of non-lapsable funds for defence and internal security. New Delhi: Former Prime Minister Manmohan Singh on Saturday said the government should have taken chief ministers' views before changing the terms of reference of the 15th Finance Commission, adding that unilateralism is not good for federal policy and...

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UN meeting on desertification ends with vow to curb land degradation -Jacob Koshy

-The Hindu United Nations-led Conference to Combat Desertification assures ‘neutrality’ by 2030. New Delhi: A two-week long United Nations-led Conference to Combat Desertification (UNCCD) ended with a commitment to achieve land degradation neutrality by 2030. Such neutrality is defined by the U.N. as ensuring that enough land is available across the world to ensure a sustainable future. The Delhi Declaration, a consensus document, agreed upon by more than 100 countries “welcomed” the proposed...

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