Modi accepts Finance Commission’s record hike in states’ share

New Delhi : With the Narendra Modi-led government's first full budget due this weekend, it Tuesday accepted the recommendations of the 14th Finance Commission for a record increase of 10 percent in the states' share of the divisible pool of central taxes. In a letter to all chief ministers, Modi said: "We have wholeheartedly accepted the recommendations of the 14th Finance Commission, although ... Read More