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Odisha CM concerned over reduction of share in Central taxes ​ By IANS | Published on ​ Mon, Feb 1 2021 19:51 IST | ​ 0 Views   Odisha Chief Minister and BJD supremo Naveen Patnaik. (File Photo: IANS). Image Source: IANS News Bhubaneswar, Feb 1 : Odisha Chief Minister Naveen Patnaik on Monday expressed concern on drastic reduction of share in Central taxes and centralisation of revenue by introduction of cess on petrol and diesel. The Chief Minister, however, welcomed several positive points in the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman. Odisha would be hit by drastic reduction of share in central taxes by about Rs 10,840 crores for the current year and as per recommendations of the 15th Finance Commission, the horizontal share will decrease from 4.629% to 4.528 % for coming 5 years. This will seriously impact the state, said Patnaik.

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