CHIEF Minister MK Stalin, during his meeting with 16th Finance Commission chairman Arvind Panagariya and members of the panel in Chennai on Monday, expressed concern over the decrease in devolution of central funds to the state and increasing financial burden due to additional expenses incurred for projects jointly implemented by the state and the centre. Stalin urged the commission to address the disparities in sharing of revenue among states and increase the share of central taxes to states to 50%.
Though the 15th Finance Commission's recommended for providing 41% tax revenue share, in the last four years, contrary to the recommendation, the union government's total tax devolution was just 33.16%, the CM said.
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INDIA SEEKING ORDER IN MIDDLE & LOWER
Contributions from No 7-9 will be crucial for India's success as has been the case during past tours in Australia
'MORNINGS ARE THE BEST TIME FOR WRITING...I SIT IN A SUNNY SPOT'
A trusty ballpoint pen in hand, writer Ruskin Bond, who received The New Indian Express Group's Ramnath Goenka Sahithya Samman Lifetime Achievement Award 2024, on inspiring generations of readers with his storytelling
Is it a mandate?;
THERE Was a little boy named Zi who loved doing zardozi, a metal embroidery work.
Satwik-Chirag return to action
INDIA's premier men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty will make a highly-anticipated return to action at the China Masters Super 750 badminton tournament, starting here on Tuesday, following a disappointing Paris Olympics campaign.
Nadal mum on playing as end of an era nears
RAFAEL Nadal felt a hand on his left shoulder as he walked out of a conference room at a resort on Spain's southern coast Monday following his first question-and-answer session with reporters since announcing this week's Davis Cup Final 8 will be his last event before retirement.
Promotion for England, France win
ENGLAND blew away 10-man Republic of Ireland 5-0 to wrap up promotion to the Nations League top flight as four players netted their first international goals on Sunday, while Adrien Rabiot scored twice as France beat Italy.
Still awaiting ICC's response, says PCB chief
PAKISTAN Cricket Board (PCB) chief Mohsin Naqvi on Monday said he is yet to get a response from the ICC over BCCI's refusal to play the Champions Trophy in Pakistan.
Deepika can be a lethal striker: Coach Singh
IN the women's Asian Champions Trophy's group stage, India have been not just dominant, but they have been able to find their way out of any tricky situations.
India held by Malaysia, end year winless
THE Indian men's football team will end the year without a win as it was held to a 1-1 draw by visiting Malaysia in an international friendly here on Monday, extending head coach Manolo Marquez's wait for his first victory with the Blue Tigers.
Unemployment rate falls to 6.4% in second qtr
THE urban unemployment rate has come down to 6.4% in the July-September 2024 quarter compared to 6.6% in the previous quarter, according to the government.
