HomeLatestStates search massive share of land acquisition prices, elevated interest-free loans from...

States search massive share of land acquisition prices, elevated interest-free loans from Centre: Sources

By Shailesh YadavNew Delhi [India], December 20 (ANI) States have raised a number of calls for within the pre-budget assembly with Finance Minister Nirmala Sitharaman in Jaisalmer on Friday night.

According to sources, some States requested the central authorities to bear a bigger share of land acquisition prices for tasks.

Some have demanded earlier than the Centre to extend allocation for 50-year interest-free loans.

Some have additionally urged for a rise in borrowing limits to assist fiscal actions, sources added.

Among others, a request was made to extend the honorarium paid to Accredited Social Health Activists (ASHA) staff.

Punjab and Kerala sought particular monetary packages. Demands included extra loans, grants, and borrowing flexibility.

States emphasised the necessity for extra funding for catastrophe aid. They requested extra allocation for the State Disaster Response Fund (SDRF).

More funds had been additionally looked for the Jal Jeevan Mission. They need funds for tanks and storage to reinforce water provides.

As a part of the pre-budget consultations, Finance Minister Nirmala Sitharaman on Friday chaired a gathering with States and Union Territories in Jaisalmer.

Along with Union Minister for State for Finance Pankaj Chaudhary, the assembly was additionally attended by Chief Ministers of Goa, Haryana, Jammu and Kashmir, Meghalaya and Odisha; Deputy Chief Ministers of Arunachal Pradesh, Bihar, Madhya Pradesh, Rajasthan and Telangana; the Finance Ministers of States/UTs.

Secretaries of Departments of Economic Affairs and Expenditure, and senior officers of the Ministry of Finance had been additionally current throughout the assembly.

Ministers from states and UTs have gathered in Jaisalmer for the GST Council assembly scheduled for Saturday.

The finance minister has to this point held a collection of conferences with varied stakeholders, together with MSMEs, farmers’ associations, and economists.

The Finance Ministry conducts a number of pre-budget session conferences yearly with specialists, business leaders, economists, and state officers. The formal train to arrange the annual Budget for the following monetary yr has already begun.

As is the conference, the Budget for 2025-26 shall be tabled on February 1, 2025.

The 2025-26 Budget will mark Finance Minister Nirmala Sitharaman’s eighth. All eyes shall be on the important thing bulletins and the federal government’s forward-looking financial steering. (ANI)

Source

Latest