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The State Government led by Sardar Parkash Sing Badal Ji Hon'ble Chief Minister of Punjab presented a detailed Memorandum highlighting financial position
and specific issues of the State before the commission in a forceful manner .The State Government requested the 14th Finance Commission that at least
50% of Central Taxes should devolved to the states .The State Government has also demanded that weightage should be given to ST/SC population of the State
and GSDP of the State to make devolution criteria just and fair. The state Government also requested the Commission to recommend State Specific Grants
of Rs. 9639 crore for the state for the period 2015-20 .The Commission expressed its deep appreciation of the fact that state Government provided all
the information required within stipulated timeliness and complimented the Government of Punjab and Finance Department in Particular for this work .The
14th Finance Commission is expected to give its report to Government of India in October 2014. The State expects fair dispensation from the commission.
There has been significant improvement in size of approved Annual plan of the State and its implementation since 2006-07 .The approved Annual plan during
2006-07 was Rs.4000 crore which increased to the implementation of Annual plan was 65% during 2011-12 ,73% during 2013-14 .The size of the plan is increase
of 25% over the previous year's plan. With a view to focus the efforts of the government departments on the outcomes from the funds spent on various
and specific issues of the State before the commission in a forceful manner .The State Government requested the 14th Finance Commission that at least
50% of Central Taxes should devolved to the states .The State Government has also demanded that weightage should be given to ST/SC population of the State
and GSDP of the State to make devolution criteria just and fair. The state Government also requested the Commission to recommend State Specific Grants
of Rs. 9639 crore for the state for the period 2015-20 .The Commission expressed its deep appreciation of the fact that state Government provided all
the information required within stipulated timeliness and complimented the Government of Punjab and Finance Department in Particular for this work .The
14th Finance Commission is expected to give its report to Government of India in October 2014. The State expects fair dispensation from the commission.
There has been significant improvement in size of approved Annual plan of the State and its implementation since 2006-07 .The approved Annual plan during
2006-07 was Rs.4000 crore which increased to the implementation of Annual plan was 65% during 2011-12 ,73% during 2013-14 .The size of the plan is increase
of 25% over the previous year's plan. With a view to focus the efforts of the government departments on the outcomes from the funds spent on various
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