Chennai: The government’s special resolution urging the Central Government to provide Tamil Nadu with its due share of funds was unanimously passed in the Legislative Assembly.
Finance Minister Mari Wilson introduced in the Assembly yesterday a special resolution calling on the Central Government to provide Tamil Nadu with its rightful share of funds. It stated: Tamil Nadu’s due share from the taxes collected by the Central Government must be ensured.
The distribution of central taxes should follow a transparent, objective, and equitable process that duly recognizes the economic contribution of the states, fiscal effort, good governance, and development needs.
Because of the achievements made by the states in population control and human resource development, the criterion for the distribution of central taxes should be framed in such a way that no state is adversely affected.
In future, when making arrangements regarding the distribution of central taxes, appropriate measures should be taken to protect Tamil Nadu’s fair financial interests.
That is what it says. Speaking in support of this resolution, DMK member Thangam Thennarasu said, “At present, the financial share provided by the Central Government to the states is 41 percent.
“An amendment should be brought to the resolution to raise it to 50 percent. With these amendments, the DMK welcomes the resolution,” he said. Likewise, AIADMK Legislature Party leader Palaniswami also welcomed the resolution.
Following this, the resolution moved by Finance Minister Mari Wilson was unanimously passed in the Assembly by voice vote.
