The 15th Finance Commission has the following 6 criteria on which it decides how best to devolve the funds to the states in India. KCR’s son, KTR, for example, claims that while Telangana paid 3.68 lakh crores to the central government, it only got back 1.68 lakh crores in return. KTR makes it sound like 3.68 lakh crores is the tax paid by the government of Telangana to the government of India. If Telangana paid 3.68 lakh crores to the Government of India, how come only 1.78 lakh crores have come back to the government? A rough calculation pegs this amount to about 8.3 lakh crores!

Source: The Hindu October 23, 2023 09:30 UTC