Delhi Deputy Chief Minister Manish Sisodia on Wednesday tabled the Fourth Delhi Finance Commission report that makes several recommendations for the Delhi government, municipal corporations and the central government.
The Commission has recommended for the government of National Capital Territory of Delhi that 12.5 percent of the taxes, duties, fees and tolls collected by the government from 2012-13 onwards shall be kept in the divisible pool of the government for each financial year.
In the new scheme, 50 percent of the divisive pool fund shall be distributed amongst all the municipalities with reference to existing principle based on population and area in the ration of 70:30, it has recommended.
The Fourth Delhi Finance Commission was set up on October 14, 2009 and was scheduled to give its reports in January 2010. But it was delayed by three years and was submitted in March 2013. Its recommendations were to be implemented from 2010 to 2015.
BJP legislator Vijender Gupta had met Lt. Governor Najeeb Jung before the winter session of the assembly, demanding the Fourth Delhi Finance Commission Report be placed in the assembly during the session beginning on November 18.