Andhra CM Naidu urges 16th Finance Commission to raise central taxes devolution to 50%

By our Special Correspondent

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday appealed to the Sixteenth Finance Commission to raise the vertical devolution of central taxes from the existing 41 per cent to 50 per cent, besides support in rebuilding the state through special financial assistance.

          Naidu's appeal assumes significance as the TDP, which the AP CM heads, is a key ally in the BJP-led NDA government at the Centre. The support of TDP's 16 Lok Sabha members is crucial to Prime Minister Narendra Modi's government.