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A Tweak To Make Fincom Recommendation Fairer

The New Indian Express Bhubaneswar

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August 28, 2025

Finance commission recommendations are, technically, a zero-sum game, where a tweak in the criteria cannot be carried out to benefit all the states—a gain for some states is a loss for others.

- SRAJA SETHU DURAI

So, finance commissions always have a very tight rope to walk.

Until the 7th Finance Commission (FC), only two criteria for devolution were used—population and state contribution towards income tax collection, with 80-90 percent, and 10-20 percent weights, respectively. The 8th FC breaks this tradition and introduces multiple equity criteria, with per capita income distance getting more weight, and remaining a dominant criterion for the past eight commissions. Population and income distance constitute nearly 70 percent of the weights, and most of the remaining 30 percent is distributed across fixed geographic criteria like area and forest cover, with little weight assigned to efficiency.

We must wait to see whether the 16th FC paves a new direction by drastically changing the criteria by giving more weight to efficiency parameters, or follows the same path as their predecessors by slightly modifying the weightage, or reintroduces some of the past criteria so that there is no drastic change in inter se shares.

FLERE HISTORIER FRA The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Relief as $1L H-1B fee does not apply to US visa holders

A month after US President Donald Trump’s proclamation jacking up the fee for H1-B visas to a steep $100,000 caused panic among international students and professionals, the US government has now clarified that the fee won’t apply to most current visa holders and recent international graduates.

time to read

1 min

October 22, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Tata Trusts reappoints Venu Srinivasan for life

TATA Trusts, which owns and controls the $180-billion Tata empire, has ‘unanimously’ reappointed Venu Srinivasan, chairman emeritus of the TVS Group, as a trustee for life.

time to read

1 min

October 22, 2025

The New Indian Express Bhubaneswar

PK SAYS BJP FORCING HIS CANDIDATES TO OPT OUT OF CONTEST

JAN Suraaj Party (JSP) founder Prashant Kishor on Tuesday launched a scathing attack on BJP alleging that three of his party candidates for the upcoming Bihar Assembly elections withdrew their nominations under “pressure” from the ruling party.

time to read

1 min

October 22, 2025

The New Indian Express Bhubaneswar

AT LEAST 30 REBELS GIVE NDA, OPPN A HEADACHE

30 REBELS GIVE NDA, OPPN A HEADACHE

time to read

1 mins

October 22, 2025

The New Indian Express Bhubaneswar

Gajapati rejects ISKCON's alibi on untimely Rath Yatras

WITH ISKCON reluctant to host its Rath Yatra in overseas countries as per the tradition of Shree Jagannath temple in Puri, Gajapati Maharaja Dibyasingha Deb in a strong worded letter on Tuesday asked the organisation to honour the sacred scriptures and traditions followed at Srimandir.

time to read

1 min

October 22, 2025

The New Indian Express Bhubaneswar

Two dons-turned-politicians draw battle lines on Mokama poll turf

BATTLE lines have been drawn in Bihar’s Mokama assembly constituency ahead of the first-phase polls on November 6, as two don-turned-politicians, Anant Singh and Surajbhan Singh, prepare for a high-octane electoral clash.

time to read

2 mins

October 22, 2025

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

FIR against former Punjab DGP, ex-minister wife over son’s death

FORMER Punjab DGP Mohammad Mustafa, his wife and former minister Razia Sultana, along with their daughter and daughter-in-law, have been booked for murder and criminal conspiracy by Haryana Police in connection with the death of their 35-year-old son, Agil Akhter.

time to read

1 mins

October 22, 2025

The New Indian Express Bhubaneswar

Capital sees three-fold deterioration in AQI, noise pollution surge

THE state capital witnessed a threefold deterioration in air quality on Diwali on Monday as people burst firecrackers till late in the night, violating the two-hour limit set by the Odisha State Pollution Control Board (OSPCB).

time to read

1 mins

October 22, 2025

The New Indian Express Bhubaneswar

EC: Print ads a day before or poll date need pre-certification

AHEAD of assembly polls in Bihar, the Election Commission of India (ECI) on Tuesday issued an order saying to ensure a fair campaign environment, no party, candidate, organisation or person shall publish any advertisement in print media on poll day and one day prior to the poll day, unless the contents are pre-certified by the Media Certification and Monitoring Committee.

time to read

1 min

October 22, 2025

The New Indian Express Bhubaneswar

WASTE LAND: A NATION OF LANDFILLS

SOME years ago, I was editing a newspaper in Mumbai and we ran a report on the city’s eternal garbage problem.

time to read

3 mins

October 22, 2025

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