Mulling more weightage for forest cover: Finance commission

Dehradun | Tuesday | 16th October, 2018

Summary:

Singh said, “Under the 14th finance commission, the weightage for forest cover was 7.5 but this time we are planning to rework the weightage. Dehradun: Uttarakhand’s demand for seeking a special “green-bonus” has not cut much ice with the 15th finance commission chairman N K Singh who on Tuesday said that more weightage would be given to the “forest cover” criteria before finalising the state’s share in the central funds and taxes. CM and finance minister have highlighted these points during our interactions.” We will only do so after hearing out responses from other states.”On the revenue deficit grants drop faced by Uttarakhand due to previous FC recommendation, Singh said, “I must admit that the estimates of income, revenues and expenditure for Uttarakhand as calculated by the previous FCs were way too optimistic and in the 15th FC this aspect would be sympathetically handled..