Chennai, Sep 28 (TIWN) Union Finance Minister Nirmala Sitharaman on Monday criticised states seeking greater funds from the Central government on the basis of the fact that they generated more revenue.

Sitharaman also described the "revadi" culture (populist measures offered by states) as "bogus".

She said such measures are meant for misleading the common man.

"Do understand the finances of your state and account for it in your budget. Pay your own subsidies. Do not expect from us," she said.

On the issue of releasing funds for states, she said: "The population is coming down. Many states have valid questions to be asked... reproductive rate is almost going to be negative. The Finance Commission took the route to make up for it on some level proves that there is a recognition of the problem. The Commission is addressing it, not to the proportion of expectation, but somewhat."

She also said that welfare is equivalent to public good, adding that it undoubtedly means hospitals, public schools, infrastructure and good roads.

Sitharaman also called out the opposition parties that have been criticising the Goods and Services Tax (GST) regime.

"Institution building takes time... to trash it is very easy.