Archive · 31 May 2025

Jharkhand Seeks ₹3 Lakh Crore from Finance Commission

Jharkhand Seeks ₹3 Lakh Crore from Finance Commission

The government of Jharkhand asked a group called the 16th Finance Commission for a lot of money – over 3 lakh crore rupees – to help build things in the state.

They need the money because they are losing revenue.

The Finance Commission is a group that decides how money is shared between the country and the states.

Jharkhand is requesting more money to make up for losses from a tax called GST.

The state also mentioned they have not received all the money promised to them previously.

The commission listened to what Jharkhand needed and will make a recommendation to the government about how much money to give to the state.

Sources