Net transfers to the states rose by 21.7%: Niti Aayog
Niti Aayog said, “By itself, the Fourteenth Finance Commission (FFC) recommendation to raise the share of states in the divisible pool from 32% to 42% has led to increased resources for all states. The total quantum of resources transferred, which include grants-in- aid and central assistance to state plans, rose in the case of 26 states though this increase is uneven across states.”
Excerpted from the Budget 2016-17, the net transfers to the states rose by 21.7%. Photo : IANS