Forwarded from ECONOMY by VIVEK SINGH
XVI Recommendations (1st April 2026- 31st March 2031)
Finance Commission recommends two kinds of transfers.
1. Vertical Devolution which has been maintained at the same level of 41% of the Divisible Pool (Central Taxes excluding few items)
2. Grants-in-Aid. XVI has recommended only two types of Grants: (i) Local Body Grants and (ii) Disaster Management Grants
XV had recommended Five types of grants viz. Local body grants, Disaster management Grants, Revenue Deficit grants, Sector Specific grants and State specific grants.
Regarding Horizontal Distribution (how 41% of the revenue will be decided among states), there are certain changes. A new parameter 'Contribution to GDP' has been added and 'Tax and fiscal efforts' parameter has been removed and there are certain changes in weight. Pls see below figures.
Finance Commission recommends two kinds of transfers.
1. Vertical Devolution which has been maintained at the same level of 41% of the Divisible Pool (Central Taxes excluding few items)
2. Grants-in-Aid. XVI has recommended only two types of Grants: (i) Local Body Grants and (ii) Disaster Management Grants
XV had recommended Five types of grants viz. Local body grants, Disaster management Grants, Revenue Deficit grants, Sector Specific grants and State specific grants.
Regarding Horizontal Distribution (how 41% of the revenue will be decided among states), there are certain changes. A new parameter 'Contribution to GDP' has been added and 'Tax and fiscal efforts' parameter has been removed and there are certain changes in weight. Pls see below figures.
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Forwarded from Nivnirman Institute™
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इजरायल तथा इसके पड़ोसी मुल्क
Land boundry with
1. Lebanon
2. Syria
3. Jordan
4. Egypt
Water boundry with
1. Mediterranean sea
2. Red sea connected through "Gulf of Aqaba"
विवादित क्षेत्र :
1. Gaza strip (in west)
2. West bank (in east)
3. Golan Hights(in north with syria.
A lake Tiberia and dead sea also located in israel
Land boundry with
1. Lebanon
2. Syria
3. Jordan
4. Egypt
Water boundry with
1. Mediterranean sea
2. Red sea connected through "Gulf of Aqaba"
विवादित क्षेत्र :
1. Gaza strip (in west)
2. West bank (in east)
3. Golan Hights(in north with syria.
A lake Tiberia and dead sea also located in israel