Speaking at the second conference of state finance secretaries, he said, "The tendency to spend it on non-developmental activities may in the short term appear to be attractive but in longer run it doesn't reap results."
     
States' share in Union taxes has substantially gone up after implementation of the 14th Finance Commission report that prescribed a record 10 per cent increase in their share in the Union taxes to 42 percent.
     
"It is quite obvious that what states were getting in 13th Finance Commission and what they are getting now. It may have come down in one or two heads but substantially the other over all volumes have increased. Now an important onus on us is to actually spend and then make sure how and where we spend it," he said.

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