💨 Abstract

The 16th Finance Commission, led by Arvind Panagariya, discussed Tripura's financial goals for the next five years (2026-2031) with the state government. The Commission noted a sound financial position with declining committed expenditure. Tripura requested an increase in its tax share from 41% to 50%, a demand also made by Northeastern states.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖