India’s Prime Minister Modi covertly attempted significant reduction of state funds

India’s Prime Minister Modi covertly attempted significant reduction of state funds

New‌ Delhi, India ⁢– Immediately after becoming the prime minister​ in 2014, Narendra Modi held backdoor negotiations ​with the Finance Commission of India to ⁣significantly cut funds allocated‍ to the⁤ country’s states.

However,⁢ the head of the commission, an ​independent constitutional body deciding states’ ‌shares from central taxes, resisted, and Modi ‍had to back off, new revelations show.

However, the ​head of the commission, an‍ independent ‌constitutional body deciding states’ shares ​from central taxes, resisted, ⁣and Modi had to back off,​ new‍ revelations show.

The Finance Commission’s firm stance forced the Modi ⁣government to hastily ⁤redo its⁣ maiden full budget in⁣ 48 hours and slash funding across welfare programmes‌ since its assumption‌ of retaining a greater ​portion of⁣ the central taxes did not pan out.

At the​ same time, Modi falsely claimed in ‌Parliament that ‌he welcomed the Finance Commission’s recommendations on the tax portions to be allocated ⁤to the states.

These revelations of financial haggling and behind-the-scenes manoeuvring in the making of the federal budget came from BVR Subrahmanyam, the CEO of the ⁤government think-tank NITI Aayog. As a joint‌ secretary‍ in the prime minister’s office, he was the liaison ⁢in the backdoor negotiations‍ between Modi ⁢and the chairman of⁣ the Finance Commission, ‍YV Reddy.

This is arguably the first time ‌a⁢ top ⁤government official in the current Indian government has admitted publicly that the prime minister and his team had tried from the start to squeeze the states’ finances, a⁣ concern now repeatedly ‍raised⁤ by the states.

Link from www.aljazeera.com

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