Shimla, Feb. 6 -- State Economic Advisor Vinod Kumar Rana has said that Himachal Pradesh has been receiving Revenue Deficit Grant (RDG) under Article 275(1) of the Constitution since its inception and without break since 1990. He cautioned that withdrawl of RDG under the under recommendations of XVI Finance Commission after March 2026 will destabilise the Himachal's financial security.
Talking to UNI, Rana said RDG was constitutionally built into India's fiscal framework to support states with weak revenue bases, and Himachal Pradesh has depended on this mechanism for more than three decades. "Since 1990, starting from the Ninth Finance Commission, Himachal Pradesh has received RDG under Article 275(1). This grant has been an integral part...