The Fifteenth Finance Commission will be visiting Haryana from May 3 to 5 to assess the state of finances in Haryana and its socio-economic challenges.
The Commission will also hold an interactive session on agriculture on May 3 to explore ways of tackling the issues related to stubble burning, pollution and increasing farm productivity.
led by the chairman, NK Singh, the commission will include members Anoop Singh, Ashok lahiri, Ramesh Chand and Secretary Arvind Mehta along with officials.
“The Finance Commission needs to make an in-depth study of the recent developments and future possibilities of economic growth and development of Haryana. This will be based on various interactions and meetings, the Commission is scheduled to have in Haryana during the visit,” said an official spokesman of the Fifteenth Finance Commission.
Detailed presentations will be made on the finances of the State Government, said he.
He said that the Commission will also meet leaders of various political parties and representatives of trade and industry. There will also be an interactive session with the Urban local Bodies and Panchayati Raj Institutions.
The Commission also plans to visit different states, understand their developmental requirements and resource availability to firm up its conclusions and make recommendations. It will have meetings with Chief Minister, ministers and other officials of the state, he added.
The Commission has been briefed by the Accountant General of Haryana in New Delhi, the spokesman said.
It was informed that Haryana’s economy achieved robust growth rates of 10 percent and 12.14 percent respectively, during 2015-16 and 2016-17.
The State Government has been implementing schemes like One Stop Center Sakhi, Aapki Beti Hamari Beti, Haryana Kanya Kosh, Sukanya Smariddhi Account and Aanganwadi Adoption Programme- Hamari Phulwari-apart from central schemes like Beti Bachao Beti Padhao and Pradhan Mantri Matru Vandana Yojana, the Commission was informed.
The Commission has noted that Haryana has made significant progress in implementation of IFMS, adoption of SDG Goals, and made efforts towards eliminating losses of power sector and implementation of social sector schemes, said he.
The spokesman said in order to sustain growth momentum, there is need to find innovative ways to go forward in dealing with implementation of UDAY scheme, ensuring credible macro stability, improving power sector and transport sector and improving the quality of public expenditure, particularly capital expenditure and social sector indicators and SDGs.
Haryana had been achieving all- round development taking full benefits of its proximity with NCR. About 40 per cent of the total area of the National Capital Region (NCR) is that of Haryana state, he said.
The state’s economy is largely dependent on tertiary sector which contributes around 45% of its GSDP, he added.