Which of the following forms a part of recommendations of recent finance commission ........

Economic Affairs Public Finance and Debt Management

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Which of the following forms a part of recommendations of recent finance commission?

Increase tax devolution to states to 42 % of net tax proceeds

Grants to local bodies both PRIs and ULBs based on performance as a parameter along with basic grants

Post devolution grants to 12 states

Rationalise pricing of public utilities.

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Explanation:

As compared to total devolutions in 2014-15, the total devolution of states in 2015-16 will increase by over 45 per cent.
It has recommended distribution of grants to States for local bodies using 2011 population data with weight of 90 per cent and area with weight of 10 per cent.
The ration of basic to performance grant is 90:10 for panchayats; and 80:20 for municipalities.