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The 15th Finance Commission, headed by NK Singh, on Wednesday commenced discussions with the Tamil Nadu government, political parties, major stakeholders in the State on various issues, including the environment.
The 18-member delegation interacted with leaders of all major political parties in the State and representatives of the local governments. It also had discussions with leading economists and domain experts of Chennai and the region, Singh told reporters. “We were greatly enriched by the interactions and discussions with domain experts and economists...”
Some of the suggestions that came up during the meeting with the economists included the variables to be taken into account while estimating nominal GDP; assumptions with regard to inflation and real GDP growth; the risks and challenges that lie ahead in making projections for 2020-2025, which is the tenure of the commission, he said.
Further, there were suggestions on tackling global warming and its effects on the environment, and on measures to prevent coastal erosions.
In the evening, the delegation dined with Tamil Nadu Chief Minister Edapaddi K Palaniswami.
On Thursday, the commission will hold a detailed discussion with the State government, before heading to Madurai. On Friday, as part of a field visit, the delegation will visit the 640 MW solar power plant at Kumudhi, India’s largest, and, en route to Rameshwaram, visit performance-based maintenance contract roads in Ramanathapuram district, said State government sources.
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