Eleventh Finance Commission
The Eleventh Finance Commission of India was appointed by the President on 3 July 1998 for the period 2000–2005.
Members
- Prof. A.M. Khusro, Chair
- Shri N.C Jain
- Shri J.C Jetly, IAS
- Dr. Amaresh Bagchi
- Shri T.N. Srivastava, IAS, Member Secretary.
Recommendations
- The total share of the States in the net proceeds of central taxes and duties would be 29.5% for the next five years
- With regard to the revenue deficit grants to States, a lumpsum amount of Rs. 11,000 crore in the Central Budget 2000–2001.
- Grants
- # For the five years commencing from 1 April 2000, Rs.4,972.63 crore be given for upgrading of standards of administration and specific grants to certain States for special problems.
- # For the five years commencing from 1 April 2000, Rs.10,000 crore for local bodies, to be directed for maintenance of civic services, Rs.1600 crore per annum is for rural local bodies and Rs.400 crore per annum is for urban local bodies.
- With reference to the Grants-in-Aid under Article 275 of the Constitution, which amounts to a total of Rs. 35359 crore for the period 2000–2005 to be provided to such States which will have deficit non-plan revenue account even after the devolution of central tax revenues, equal to the amount of deficits assessed during the period 2000–2005.
- With regard to the Calamity Relief Funds in States with an aggregate size of Rs. 11007.59 crore during 2000–2005.
- The tax devolution from the centre to the State should not exceed 37.5% of total Centre's revenues this should be inclusive of the Central taxes/duties to States and grants-in-aid to States.
Data for percentage share for certain states is Bihar-14.597, Maharashtra-4.632, Kerala-3.057, Uttar Pradesh-19.798, Punjab-1.147