The commission said the overall state debt has risen particularly due to UDAY scheme
Current Affairs:Association Home Minister Amit Shah on Thursday said a focal group will be sent to Maharashtra to survey the harm caused to crops due to unseasonal rains in parts of the state.
Shah has passed on this to Maharashtra Governor Bhagat Singh Koshyari, as per an official proclamation gave by the Raj Bhavan here on Thursday evening.
The Center’s reaction came after the senator called up Shah to advise him about the harm to yields brought about by floods and unseasonal rains in Maharashtra in the ongoing weeks, the announcement said.
In a related advancement, Shiv Sena pioneer Aaditya Thackeray alongside a gathering appointment met Koshyari on Thursday evening and looked for his intercession in giving alleviation to ranchers and anglers influenced by post-rainstorm rThe Fifteenth Finance Commission has raised worries over obligation levels of states and said there should be a guide to cut down state obligations to a feasible level.
“The general state obligation has would in general ascent especially after Ujwal DISCOM Assurance Yojana (UDAY). Going ahead, we have to deliberately watch obligation supportability and work towards a guide where the general obligation and total national output (GDP) of the administration is in congruity with the Fiscal Responsibility and Budget Management (FRBM) Act embraced,” the Commission said through its official Twitter account, after a gathering of Commission individuals with Reserve Bank of India Executive Director Michael Patra and other RBI authorities.
The UDAY plan alludes to the money related turnaround and recovery bundle for power discoms, under which more than 75 percent of their obligations were taken over by the particular state governments in 2015. This has liberated the books of the discoms yet stacked state governments with significantly more obligation. In its tweets, the Commission expressed that it had an “exceedingly profitable association” with Patra and his partners on the funds of state governments. “Most states are in similarity with the monetary deficiency direction of 3 percent GDP, as contained in the commitments of the FRBM Act embraced by them,” it stated, including this was not valid for debt.ains.
Aditi Mehta 