Punjab Finance Minister Harpal Singh Cheema addressed the 16th Finance Commission Conclave, advocating for a higher share of vertical devolution from the current 41%. He called for including cesses, surcharges, and select non-tax revenues in the divisible pool. Cheema emphasized balanced growth, robust disaster management, and improved Centre-State financial relations to ensure equitable resource distribution.Punjab Finance Minister Harpal Singh Cheema addressed the 16th Finance Commission Conclave, advocating for a higher share of vertical devolution from the current 41%. He called for including cesses, surcharges, and select non-tax revenues in the divisible pool. Cheema emphasized balanced growth, robust disaster management, and improved Centre-State financial relations to ensure equitable resource distribution.
