‘U.T. needs ₹1,500 cr. additional allocation to tide over losses’
The Hindu
Present allocation from Home Ministry totally inadequate: CM
Chief Minister N. Rangasamy on Sunday sought at least ₹1,500 crore additional Budgetary allocation from the Centre for Puducherry to help tide over substantial GST-related revenue losses.
Addressing the 29th meeting of the Southern Zonal Council in Tirupati attended by Chief Ministers and Lt. Governors, Mr. Rangasamy while stating the case for increased Central assistance pointed out that at present the allocation to the annual Budget of the Union Territory from the Home Ministry was “totally inadequate”.
Citing as an example the Budget for the current fiscal which had only 1.57% increase, the Chief Minister said.
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