💨 Abstract

Andhra Pradesh Chief Minister N Chandrababu Naidu has appealed to the Sixteenth Finance Commission to increase the vertical devolution of central taxes from 41% to 50%. He also requested support in rebuilding the state through special financial assistance, citing a "fiscal disadvantage" due to lower horizontal devolution compared to the state's GDP and population share.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

Powered by MessengerX.io