Release special grants, state specific grants: Siddaramaiah writes to Nirmala Sitaraman
The letter dated August 19 reads: “The 15th Finance Commission has reduced Karnataka’s share in tax devolution to 3.647 per cent of the divisible pool for the term 2020-21 to 2025-26 from 4.71 per cent recommended by the 14th Finance Commission. Karnataka has seen the steepest cut of 23 per cent because of the reduction in the devolution share.
State Of Karnataka Nirmala Sitaraman Commission On Special Karnataka Chief Minister Finance Commission Finance Commi
Source: indiatimes.com