Question : FINANCE COMMISSION



(a) whether the Confederation of Indian Industry met 14th Finance Commission and discussed the need of various strategic initiatives for the development of the States including Andhra Pradesh; and

(b) if so, the details thereof and the action taken in this regard?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (Shri Jayant Sinha)

(a) &(b): During the course of discussion with Government of Andhra Pradesh, Fourteenth Finance Commission also held a meeting with the representatives of Trade & Industry including Confederation of Indian Industry (CII), Andhra Pradesh. CII, Andhra Pradesh, inter-alia, suggested for fund allocation on value added zones, industrial corridors, rural industrialization; Unified Goods & Services Tax, Law and formation of State Loan Council. The representation given by the CII, Andhra Pradesh was considered by the Fourteenth Finance Commission in its Deliberations.

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