Pre-Budget Consultation: States seek more fiscal support for capex plans
economictimes.indiatimes.com
There was also demand for state-specific projects on road development and railway, and for the Centre to bear a larger share of land acquisition costs for projects.
FM will present the budget in February.
At the meeting, she said that because of healthy macroeconomic environment, buoyancy and efficiency in the tax collections, the funds devolved to the states in the past 45 months (April 2021 to December 2024) under the 15th Finance Commission had exceeded those devolved in 60 months under the 14th Finance Commission (2015-20).
Additional funds sought
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