Chennai: The Revenue Enhancement Committee, headed by economist Montek Singh Ahluwalia, met Chief Minister Vijay at the Secretariat and held discussions.
The Revenue Enhancement Committee has been formed to increase Tamil Nadu’s tax and non-tax revenue, prevent revenue leakages, and improve financial resources.
Former Deputy Chairman of the Planning Commission and economist Montek Singh Ahluwalia has been appointed as its chairman. The members include Professor K.P. Krishnan, tax policy expert Arvind Modi, former IRS officer Najib Shah, Finance Department Secretary M.A. Siddique, and M. Sureshbabu, Director of the Madras Institute of Development Studies.
This committee had been announced to provide the Tamil Nadu government, within three months, recommendations on new methods to increase the state’s own tax revenue, schemes to boost non-tax revenue, identification of new revenue sources, and reforms to prevent revenue losses.
In this context, the committee led by Montek Singh met Chief Minister Vijay at the Secretariat yesterday.
It is said that they discussed the need to adjust revenue in line with the state’s economic growth and to strengthen revenue sources, and also consulted on preparing an action plan report. Finance Minister Mary Wilson, Chief Secretary M. Sai Kumar, and others were present.
