Revenue sharing: Is politics going to define economics? - News Summed Up

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Revenue sharing: Is politics going to define economics?


Kerala finance minister Thomas Isaac has invited the finance ministers of Delhi, Punjab, Odisha, West Bengal and Mizoram along with the southern states to a meeting in Vijaywada, Andhra Pradesh, on 7 May. Both Delhi and Punjab will be participating in the Vijayawada Conclave on May 7th. Hoping that Odisha, West Bengal, Mizoram and southern States will be participating the deliberations at Vijayawada,” Isaac wrote on micro-blogging site Twitter on Sunday night. Singh, has grown with states like Odisha voicing the fears of the southern states. But southern states had countered the argument stating that the incentives will be inadequate to compensate the potential loss of revenue due to the change in the population base year.


Source: Mint April 23, 2018 18:11 UTC



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