States have asked for greater fiscal autonomy, a relook at the sharing formula for centrally sponsored schemes, and brought up the proportion of cesses and surcharges in the gross tax revenues in their pre-budget consultation with the Ministry of Finance.

The meeting was held at the Manekshaw Centre in New Delhi, and was attended by Union Ministers of State (Finance), Chief Ministers, Deputy Chief Ministers, the Lt. Governor of Jammu and Kashmir, Finance Ministers, Ministers, and Senior Officers from the States and Union Territories, and the Union Government.