December 2, 2022

Shaharbeen News Service Kashmir (SNS KASHMIR)

Reporting Facts That Matter The Most (www.snskashmir.com)

It will soon become may be sometime, says FM Sitharaman on restoration of Statehood to J&K

2 min read

SNS kashmir

NEW DELHI , NOVEMBER, 06:

Union Finance Minister Nirmala Sitharaman today hinted at the possibility of the Centre considering restoration of  Statehood to Jammu and Kashmir.
She hinted it while talking about the distribution of funds to the states by the Centre as per the recommendations of the 14th Finance Commission.
Delivering a lecture on Centre-State relations here, Sitharaman said Prime Minister Narendra Modi without any hesitation had accepted the recommendation of 14th Finance Commission in 2014-15 that 42 per cent of all taxes– an increase from 32 per cent till then– should be given to the states.
“That Finance Commission said now you raise it to 42 per cent…which means that Centre will have a lesser amount in its hand. Prime Minister Modi, without a second thought about it, fully accepted the Finance Commission and that is why today states get 42 per cent of the amount–now reduced by 41 per cent because Jammu and Kashmir is no longer a state. “It will soon become may be sometime…,” Sitharaman said in her lecture on “Cooperative Federalism: 
The Path Towards Atma Nirbhar Bharat” organised here by Bharatiya Vichara Kendram in memory of Sangh idealogue P Parameshwaran.
 In August 2019, the central government abrogated Article 370 of the Constitution, which accorded special status to Jammu and Kashmir, and bifurcated the state into Union territories.(KNS

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.