Noted economist Mukul G. Asher will head the fifth State Finance Commission set up by the Haryana Government.
Asher, who was a professorial Fellow of lee Kuan Yew School of Public Policy, Singapore, since 2012, will head the nine-member commission which will make recommendations related to governing the distribution between the State and Zila Parishads, Panchayat Samitis and Gram Panchayats of net proceeds of taxes, duties, tools and fee leviable by the State, said an official spokesman on Sunday.
Other members of the commission are former Haryana chief secretary Vishnu Bhagwan, Rohini Aggarwal, Aniruddha Rajput, Sham lal Bansal, Rajinder Mohan Walia, Anurag Bakshi, Neeta Khera and Haryana cadre IAS officer Amneet P. Kumar.
The Commission would make recommendations regarding determination of taxes, duties and tolls and fee, which may be assigned to or appropriated by the Gram Panchayats, Panchayat Samitis and Zila Parishads. It would also recommend Grants-in-aid to the Zila Parishads, Panchayat Samitis and Gram Panchayats from the consolidated fund of the state, said the spokesman.
He said that the Commission would follow the principles which should govern the distribution between the state and the municipalities of the net proceeds of the taxes, duties, tolls and fee leviable by the state, which may be divided between them under part IX A of the Constitution of India and the allocation between them. It would also recommend Grants-in-aid to the municipalities from the consolidated fund of the state, the measures needed to improve the financial position of the municipalities.
While making recommendations, the Commission shall have regard among other considerations to the objective of balancing the receipts and expenditure of the state and for generating surplus for capital investment. It would also have the consideration to resources of the State Government and demands thereon particularly in respect of expenditure on civil Administration, maintenance and up keep of capital assets, maintenance expenditure on plan schemes and other committed expenditure or liabilities of the state and the requirements of the Panchyati Raj Inistitutions and the municipalities, their potential for raising resources and for reducing expenditure.
The Commission has been constituted in pursuance of the provisions of the Article 243 I and 243 Y of the Constitution of India and section 213 of the Haryana Panchayati Raj Act and Rule 3 of the Haryana Finance Commission Rules, 1994.