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:: Press Releases ::
Friday, January 10, 2014

1. Dr. Y.V. Reddy, Chairman, Prof. Abhijit Sen, Ms. Sushama Nath, Dr. M. Govinda Rao and Dr. Sudipto Mundle, Members of the Fourteenth Finance Commission and Sh. A.N. Jha, Secretary visited the State of Jharkhand on January, 9 & 10, 2014 to hold consultations with the State Government and key stake holders.

2. The Commission met with the Hon’ble Chief Minister, his Cabinet Colleagues and senior officers of the State Government, for discussions.

3. The Chief Minister of Jharkhand welcomed the Chairman and Members of the Commission to Jharkhand and highlighted the achievements made by the state in recent past. He also mentioned how the State ‘ s natural advantage in terms of abundance of natural resources in the State has become curse for the state. The mining boom in the State has led to displacement of people, pollution of rivers and also had an adverse impact on the health of the local people. The State has to provide gainful employment to the youth to prevent alienation. Therefore, he stated, the Commission may like to set up a fund for skill development. The Chief Minister also suggested that under-developed states should not be compared with the developed States and separate criteria should be used for the devolution of resources to these States.

4. The State Government submitted their Memorandum and made a detailed presentation on the finances of the State Government, its projection for the award period and gave their views on some of the Terms of Reference of the Commission. Presentations were also made by the HODs of the various departments covering the social and economic sectors like education, health, agriculture, road and infrastructure, power etc. highlighting the efforts and quantum of grants required from the Finance Commission. The Commission also interacted with representatives of political parties, Panchayati Raj Institutions, Urban local bodies and Trade and Industry Associations.

5. The Commission places on record its appreciation to the Chief Minister and State Government for the cooperation and support extended to the Commission and assures that the issues raised will receive due attention in the deliberation of the Commission. The Commission also looks forward to continuing interaction with the State Government.

6. The Commission will finalize its recommendations by October 2014 after completing its discussions with all the State Governments, the Government of India and relevant stake holders.

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