Deepak, Nitin most expensive at PKL auctions
Mumbai, May 30: Iranian defender Fazel Atrachali's joy of being the costliest buy in Pro Kabaddi League's (PKL) history was shortlived as Deepak Niwas Hooda and Nitin Tomar went to Jaipur Pink Panthers and Puneri Paltan respectively for identical sums of Rs 1.15 crore.
Deepak sparked a bidding war between the various franchises. Haryana Steelers and Dabang Delhi fought a close fight to secure his services. However, it were the Panthers who came out victorious to bag the 23-year-old.
Earlier in the day, Atrachali had become the costliest buy in the history of the tournament after being pocketed by U Mumba for a whopping 1 crore in the foreign player auctions.
Meanwhile, defender Ran Singh and Srikant Tewatia were bagged by Pink Panthers and Bengal Warriors for Rs 43 lakh and Rs 25 lakh respectively.
However, the franchises showed meagre interest in Manjeet Chillar, who was one of the most expensive buys at last year's auctions. Tamil Thalaivas took home the defender for a mere Rs 20 lakh.
Patna Pirates paid Rs 21 lakh for all-rounder Kuldeep Singh while Pink Panthers once again spent Rs 58 lakh for Mohit Chillar.
Surinder Nada, meanwhile, also emerged as one of the most expensive players as Haryana Steelers had to spend Rs 75 lakh for keeping the all-rounder in their squad.
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CM Siddaramaiah writes to CMs of 8 states on unfair devolution of taxes by Centre
Bengaluru, Sep 11: Karnataka Chief Minister Siddaramaiah on Wednesday said he has written to the Chief Ministers of eight states regarding the "unfair" devolution of taxes by the Union government, and has invited them to a conclave in Bengaluru to collectively deliberate on the issues of "fiscal federalism".
He said he has written to the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Haryana, and Punjab.
"States with higher GSDP (Gross State Domestic Product) per capita, like Karnataka and others, are being penalised for their economic performance, receiving disproportionately lower tax allocations. This unjust approach undermines the spirit of cooperative federalism and threatens the financial autonomy of progressive states," he said in a post on 'X' with "#OurTaxOurRight" hashtag.
"I have invited them to a conclave in Bengaluru to collectively deliberate on the issues of fiscal federalism at a juncture when the Finance Commission needs to make a directional shift & create incentives for growth and better tax mobilisation," he said.
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Siddararamaiah has also posted the letter written to CMs of other states on 'X'.
"As you are aware the 16th Finance Commission has begun its deliberations. The previous Finance Commissions have laid excessive emphasis on equity at the cost of efficiency and performance. As a result, states with higher GSDP per capita and higher contribution to the gross tax revenues of the union are progressively receiving lower shares of the central fiscal transfers," he said.
Stating that during the visit of the 16th Finance Commission to the State of Karnataka, during 29-30, August 2024, he underscored the need to carefully examine the impact of high emphasis given to equity on resource devolution to well performing states, he said, "I have emphasised that the reduction in central financial transfers to well performing states is placing severe limitations on their ability to invest in physical and human infrastructure."
The taxpayers of states, which are net donors to the divisible pool, also expect a fair share of their taxes to come back to them, he said, adding that the Finance Commission therefore needs to carefully balance equity with efficiency and performance.
Pointing out that states with a strong contribution to the country's GDP and Gross Tax Revenue, help build the nation in more ways than one, Siddaramaiah said, therefore, there is an urgent need to balance equity with efficiency and performance for a stronger Union, both politically and economically.
"It is, therefore, important that states which are receiving smaller shares in horizontal devolution, compared to their contributions to the Gross Tax Revenues of the Union, need to articulate a coordinated set of proposals before the Commission," he said.
"It is my pleasure to invite you to a conclave in Bengaluru to discuss these issues further. I will send a separate invitation indicating the dates once we firm up the schedule," he added.
I have written to the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Haryana, and Punjab regarding the unfair devolution of taxes by the Union government.
— Siddaramaiah (@siddaramaiah) September 11, 2024
States with higher GSDP per capita, like Karnataka and others, are being penalized… pic.twitter.com/SLqpNwVPDA
