{"id":3369,"date":"2010-03-16T10:53:48","date_gmt":"2010-03-16T14:53:48","guid":{"rendered":"http:\/\/www.orissalinks.com\/orissagrowth\/?p=3369"},"modified":"2010-03-16T10:53:48","modified_gmt":"2010-03-16T14:53:48","slug":"odisha-received-2-of-the-central-funding-since-2004-is-bihar-times-right","status":"publish","type":"post","link":"https:\/\/www.orissalinks.com\/orissagrowth\/archives\/3369","title":{"rendered":"Odisha received 2% of the central funding since 2004: Is Bihar Times right?"},"content":{"rendered":"<p>Following is an excerpt from <a href=\"http:\/\/bihartimes.com\/Newsbihar\/2010\/March\/Newsbihar16March1.html\" target=\"_self\">an article in Bihar Times<\/a>.<\/p>\n<blockquote>\n<p>&#8230; fund flow from the center to states  takes place in one of the following four  ways:<\/p>\n<div align=\"justify\">\n<ol type=\"1\" start=\"1\">\n<li class=\"news_page\">Proportionate Tax       Devolution as  specified by Finance Commission<\/li>\n<li class=\"news_page\">Grant in aid&nbsp; again following the Finance  Commission formula<\/li>\n<li class=\"news_page\">Central Investments       (at sole  discretion of federal government)<\/li>\n<li class=\"news_page\">Loans (at discretion       of federal  &amp; state government)<\/li>\n<\/ol>\n<\/div>\n<p align=\"justify\" class=\"news_page\">It is obvious from the above  mechanism that federal  government enjoys absolute discretion only in  the matter of central  investments. Central benevolence towards specific  states can be decided only on  the basis of the investments it is  making there.<\/p>\n<p align=\"justify\" class=\"news_page\">For a judicious assessment of  UPA led central  government it would be pertinent to consider a period  starting from 1st  April 2004 till date. A cursory look at the figures  for the period under  consideration, as exhibited in the following  chart, has an interesting story to  tell. Four states, viz. Maharashtra,  West Bengal, Uttar Pradesh and Gujarat, together make up for 50% of the  central  investments. In rupees terms, their share corresponds to one  lac five thousand  fifty five crores (INR 10,55,52,13,00,000) of the  total central investments of two  lac nine thousand and fifty crores  (INR 20,90,47,34,00,000). &nbsp;Further, a major chunk of this has been  allocated  to just two states that is Maharashtra at 16% and West    Bengal at 15%. In contrast, Bihar  got only 3.87% of the central  investments. Madhya Pradesh (3%), Rajasthan (3%)  and Orissa (2%) lagged  further behind.<\/p>\n<\/blockquote>\n<p align=\"justify\" class=\"news_page\">I am not sure how the above was calculated. But if the numbers are right then this should be brought to the notice of the Odisha government and leaders.&nbsp; (Thanks to Kanhu Roul for the pointer.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following is an excerpt from an article in Bihar Times. &#8230; fund flow from the center to states takes place in one of the following four ways: Proportionate Tax Devolution as specified by Finance Commission Grant in aid&nbsp; again following the Finance Commission formula Central Investments (at sole discretion of federal government) Loans (at discretion [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[726],"tags":[],"class_list":["post-3369","post","type-post","status-publish","format-standard","hentry","category-demanding-equitable-treatment"],"_links":{"self":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/3369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/comments?post=3369"}],"version-history":[{"count":0,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/3369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/media?parent=3369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/categories?post=3369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/tags?post=3369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}