Through the public notice, the Finance Department, Government of Nagaland has extended the terms of the Fourth Nagaland State Finance Commission till 31st March, 2026 vide Finance Department Notification No. FRC/SFC-08/2024/31 dated 13.10.2025 in continuation to the earlier notification dated 25.10.2024. The Finance Commission informed that it has been asked to review the financial position of the Rural Local bodies also besides the Urban Local Bodies and to make recommendations covering a period of 5 (five) years commencing on the 1st of April, 2026 to 31st March, 2031 relating to the following matters:-

 

a.              The principles which shall govern:-

i.                    The distribution between the State and Local Bodies of the net proceed of taxes, duties, tolls and fees leviable by the State, which may be divided between them;

ii.                  The determination of taxes, duties, tolls and fees which may be assigned to by any law in force or orders, or appropriated by the Local Bodies, wherever applicable;

iii.                The      grants-in-aid to the Local Bodies from the Consolidated Fund of the State, wherever applicable;

b. The measures needed to improve the financial position of the Local Bodies.

c.   Any other matter referred to the Commission by the Government in the interest of sound finances of the Local Bodies.

Provided that nothing contained in clause (a), (b) and (c) shall be construed as requiring the Commission to make recommendations in every case.

In making its recommendations, the Commission have been asked to have regard, among other considerations, to:-

i.                    The objective of balancing the receipts and expenditure of the State Government and the Local Bodies and for generating surplus for capital investment.

ii.                  The resources of the State Government and demands thereon particularly in respect of expenditure on civil administration, maintenance and upkeep of capital assets, maintenance expenditures on plan schemes and other committed expenditure or liabilities of the State; and

iii.                The requirement of the local bodies, their potential for raising resources and for reducing expenditure.

The Commission invites suggestions/views on issues relating to its terms of reference indicated above, from the members of the general public, Institutions and organisations. All interested individuals, Institutions and organisations may send their suggestions/views to the commission latest by 10th December, 2025 in any of the following manners:

i.                     By post addressed to the Member Secretary, Fourth Nagaland State Finance Commission, Directorate of Treasuries and Accounts Building, First Floor, New capital Complex, Kohima, Nagaland.

ii.                  By e-mail to: fourthfincom2024@gmail.com.

The views and suggestion will go a long way in enabling the rural local bodies to deliver better services to its citizens.

 

(DIPR)