A delegation led by Tamil Nadu Finance Minister O Panneerselvam met the 15th Finance Commission here on Thursday.
The delegation submitted a memorandum to the Commission and put forward their view points regarding the Terms of Reference (TOR) of the Commission.
Over 40 members delegation of Members of Parliament from AIADMK including M Thambi Durai, Deputy Speaker of the Lok Sabha put forward the efforts made and resources mobilized by Tamil Nadu towards the upliftment of the people in the state, in a meeting which went around 35 minutes.
They urged the Commission to balance the need for fiscal transfers to less developed states while simultaneously meeting the growing aspirations and expectations of the people of the better performing states.
NK Singh, Chairman of the 15th Finance Commission, assured them that the fiscal needs of each State will be individually assessed keeping in view their special characteristics, the 15th Finance Commission tweeted.
NK Singh said that a progressive State like Tamil Nadu which has contributed greatly to India’s prosperity would certainly receive the Commission’s careful consideration. Commission’s visit for the state of Tamil Nadu was finalized for end of September, an official release said.