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Key Points

Jharkhand has made a significant request to the 16th Finance Commission, seeking a grant of Rs 3.03 lakh crore to bolster its development programs. Ministers, including Finance Minister Radha Krishna Kishore, highlighted the state's need for infrastructure advancements to align with national standards. During the commission's tour, officials stressed the importance of aiding sectors like roads, bridges, and the social sector. They remain optimistic about securing necessary funds, emphasizing Jharkhand's vast yet underutilized resources.

Key Points: Jharkhand's Pursuit of Rs 3.03 Lakh Crore for Development Funds

  • Jharkhand requests Rs 3.03 lakh crore for growth
  • Aims to match national development
  • Infrastructure and social priorities emphasized
  • Finance Commission visit underway
2 min read

Jharkhand seeks Rs 3.03 lakh crore from 16th Finance Commission for development

Jharkhand seeks Rs 3.03 lakh crore from Finance Commission, emphasizing infrastructure and social sector growth.

"We remain hopeful that the Commission will do justice to our needs. - Yogendra Prasad"

Ranchi, May 30

The Jharkhand government has sought a grant of Rs 3.03 lakh crore from the 16th Finance Commission to accelerate the state's integrated and inclusive development.

On Friday, ministers, senior officials, and representatives of the state administration made a detailed presentation before the visiting Finance Commission team, outlining a comprehensive roadmap for growth across key sectors.

The Commission, led by Chairman Arvind Panagariya, is currently on a four-day tour of the state.

The state government argued that despite Jharkhand's abundant mineral and natural resources, it has not received central grants in proportion to the extent its resources are used for national development.

In the high-level meeting, Finance Minister Radha Krishna Kishore, along with Higher Education, Urban Development and Tourism Minister Sudivya Kumar Sonu, Water Resources Minister Yogendra Prasad, and other officials, emphasised the need for special financial support to bring Jharkhand on par with more developed states.

The government has put forward a demand of Rs 2.01 lakh crore specifically for infrastructure development, covering critical areas such as roads, bridges, rural development, transport, urban infrastructure, energy, industry, and tourism.

The state's additional demands include Rs 44,447 crore for the social sector; Rs 41,388 crore for agriculture, forests, and water resources; and Rs 17,918 crore for home affairs, Panchayati Raj, land reforms, and revenue administration.

Following the meeting, Minister Sudivya Kumar Sonu said the Commission took detailed feedback on the state's conditions, challenges, and priorities. "Their approach towards our demands appeared positive," he said.

Water Resources Minister Yogendra Prasad added: "We have presented a comprehensive report on Jharkhand's unique challenges and aspirations. We remain hopeful that the Commission will do justice to our needs."

He said, "We are confident that Jharkhand will receive grants aligned with our vision for holistic development across all sectors."

- IANS

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Reader Comments

R
Rajesh K.
Finally Jharkhand is getting the attention it deserves! Our state contributes so much to India's mineral wealth but our roads and schools are in terrible condition. Hope the Finance Commission approves at least 70-80% of this demand. 🤞
P
Priya M.
Rs 3 lakh crore seems like a huge amount. While development is needed, I hope there's proper transparency in fund utilization. We've seen too many cases where money meant for tribal areas never reaches the intended beneficiaries.
A
Amit S.
As someone from Ranchi, I can confirm our infrastructure is decades behind other state capitals. The roads during monsoon become impossible to navigate. This funding could be transformative if used properly - especially for rural connectivity.
S
Sunita T.
Good to see focus on social sector (₹44k cr) and agriculture. But will the funds actually improve lives of tribal farmers? Schemes often look great on paper but implementation is poor. Government should involve local communities in planning.
V
Vikram J.
While Jharkhand needs funds, other poorer states like Bihar and Odisha also have similar demands. Finance Commission has tough choices ahead. Maybe staggered funding over 5 years would be more practical than one huge allocation.
N
Neha R.
Tourism potential in Jharkhand is massive but unexplored! Hope part of this money goes to developing proper facilities at places like Netarhat, Betla National Park. Could create many jobs for local youth 🚀

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