💨 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 🤖
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