The team of 15th Finance Commission headed by N K Singh will come on a three-day visit from July 10 and meet the representatives of political parties, panchayati raj institutions, trade, commerce and industry. The Bihar Government will submit a memorandum on July 12. The members of the commission Shashikant Das, Dr Anup Singh, Dr Ashok lahiri and Dr Ramesh Chand are also part of the team of officials. Former Bihar cadre bureaucrat Singh had been Rajya Sabha member from JD(U) up to 2014. After being denied renomination, he had joined the BJP.
Deputy CM Sushil Kuma Modi who shared this information on Wednesday held meeting with the officials concerned on memorandum to be submitted. He welcomed the Centre’s decision to release the amount of devolution on the basis of the census of 2011 and said it will benefit Bihar. Earlier this devolution was made on the basis of census 1971.
Modi said Bihar would demand the distribution of resources as per the recommendations of 11th Finance Commission which had favoured 12.589 per cent grant to Bihar but it had been reduced to 9.6 per cent by the 14th Finance Commission.