Page 342 - DECO502_INDIAN_ECONOMIC_POLICY_ENGLISH

Indian Economic Policy

Notes 18. Mizoram 3901.3 0.269 4904.0 1.897 8805.3 0.516
19. Nagaland 4552.9 0.314 9191.3 3.555 13744.2 0.805
20. Orissa 69316.1 4.787 9658.8 3.735 78974.9 4.627
21. Punjab 20146.4 1.391 5540.3 2.143 25686.6 1.505
22. Rajasthan 84892.2 5.862 12949.8 5.008 97842.0 5.733
23. Sikkim 3466.8 0.239 1058.8 0.409 4525.7 0.265
24. Tamil Nadu 72070.4 4.977 11366.9 4.396 83437.3 4.889
25. Tripura 7411.5 0.512 5716.1 2.211 13127.6 0.769
26. Uttar Pradesh 285397.1 19.708 26742.9 10.342 312140.0 18.289
27. Uttarakhand 16245.1 1.122 4063.0 1.571 20308.1 1.190
28. West Bengal 105358.6 7.276 12638.7 4.888 11997.2 0.703
Total 1448096.0 100.000 258581.0 100.000 1706676.0 100.000

Source : Report of Thirteenth Finance Commission

Table 3 : Criteria and Weights for determining the Relatives Share of
States in Taxes and Duties

Tenth Eleventh Twelfth Thirteenth
Finance Finance Finance Finance
Commission Commission Commission Commission

1. Population 20% 10.00% 25.00 25.00
2. Distance of per capita
income of the state
from that of the State 60 % 62.50% 50.00 47.50
having highest per
capita income
3. Fiscal Capacity Distance 5% 7.50% 10.00 10.00
4. Area 5% 7.50%
5. Index of Infrastructure 5% 7.50%
6. Tax effort 10% 5.00% 7.50%
7. Fiscal Discipline - 7.50% 7.50 17.5
Total 100.00 100.00 100.00 100.00
Source : Report of Tenth, Eleventh, Twelfth & Thirteenth Finance Commission (Original Source :
India Public Finance Statistics 2008-09)

Self-Assessment
1. Choose the correct option
(i) "Shareholder wealth" in a firm is represented by:
(a) the number of people employed in the firm.
(b) the book value of the firm's assets less the book value of its liabilities.
(c) the amount of salary paid to its employees.
(d) the market price per share of the firm's common stock.

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