Meghalaya Proposes Rs 1.2 Lakh Crore Projects
Meghalaya Proposes Rs 1.2 Lakh Crore Projects

Meghalaya Proposes Rs 1.2 Lakh Crore Projects

News summary

Meghalaya Chief Minister Conrad K. Sangma proposed development projects worth Rs 1.2 lakh crore to the 16th Finance Commission, which will provide recommendations by October 31, 2025. The commission, led by Arvind Panagariya, praised the extensive presentation covering various developmental aspects such as demography and tourism, and noted the state's innovative programs, including maternal health tracking and early childhood sports development. Sangma advocated for increased funding based on forest resources, suggesting a rise in the forest weight from 10% to 15%. Additionally, the state's Autonomous District Councils (ADCs) collectively requested Rs 8,877 crore in grants, emphasizing the need for more flexible untied grants for diverse development projects. The Finance Commission faces challenges in accommodating such significant funding increases, as a proposed jump from 41% to 50% in divisible pool allocations is seen as unprecedented. Overall, Meghalaya's ambitious proposals reflect its commitment to addressing its developmental challenges and enhancing public welfare.

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