Implementation of Rajan panel’s report on states will be suicidal for UPA

Q: What do you make of the FM’s statements? He said the Prime Minister has directed that the proposals be examined and necessary action be taken. The Ministry of Finance has been asked to take the necessary action but it is unclear how the Finance Commission will actually respond to this committee’s report. Let me return to a point I have made. If you compare the share that the north-eastern region will get as a result of the implementation of the Rajan committee’s formula with the three central transfers that are currently taking place.

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