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Odisha government today asked the Centre to Revise coal Royalty

Bhubaneswar:18/1/18; Odisha government today asked the Centre to revise coal royalty and change in sharing pattern of State Disaster Response Fund (SDRF) to 90:10 from 75:25, official sources said.

The demands were made by state’s Finance Minister S B Behera while participating in the pre-budget consultation meeting convened by the Union Ministry of Finance in New Delhi.

Stating that the royalty on coal was last revised by the Centre in April 2012, Behera said the royalty rate should be revised every three years. Therefore, the coal royalty revision is due for revision since April, 2015.

“The Government of India should revise the royalty on Coal immediately without further delay,” Behera was quoted saying in a statement issued by the state government.

On changing the sharing pattern of State Disaster Response Fund (SDRF), Behera said as per recommendations of 14th Finance Commission the sharing pattern of State Disaster Response Fund (SDRF) should be changed from 75:25 to 90:10 once GST is in place.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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