The 15th Finance Commission will visit Haryana from May 3-5 to assess the financial needs of the state.
Finance Commission Chairman N K Singh, members Anoop Singh Ashok Lahiri, Ramesh Chand and secretary Arvind Mehta, along with other officials will visit Haryana to assess the state of finance and its socio-economic challenges, an official release said today.
The commission will also hold an interactive session on agriculture tomorrow to look into various issues and ways to tackle stubble burning, ensuing pollution and to increase agriculture productivity.
The economy of Haryana grew at 10 per cent in 2015-16 and 12.14 per cent in 2016-17.
"The commission noted that Haryana has made a significant progress in the implementation of IFMS (Integrated Financial Management System), adoption of sustainable development goal (SDG), efforts made towards eliminating losses of power sector and implementation of social sector schemes," the statement said.
To sustain the growth momentum, there is a need to find innovative ways to go forward in dealing with the implementation of UDAY scheme, credible macro stability, improving power sector and transport sector and augmenting the quality of public expenditure, particularly capital expenditure and social sector indicators and SDGs, it said further.
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The Finance Commission needs to make an in-depth study of the recent developments and future possibilities of economic growth and development of Haryana, said the statement.
The commission has to visit different states, understand their developmental requirements and resource availability to firm up its conclusions, recommendations and report.
During the visit, the commission will have meetings with the state chief minister, ministers and other officials.
The commission will also meet leaders of various political parties, representatives of trade and industry. There will also be an interactive session with urban local bodies and Panchayati Raj institutions.