Cabinet approves extension of term of 15th Finance Commission

Union Cabinet chaired by Prime Minister Narendra Modi has approved extension of term of 15th Finance Commission (XV-FC) up to 30 November 2019. This will enable FC to examine various comparable estimates for financial projections in view of reforms as well as new realities to finalise its recommendations for period 2020-2025. The government has also ..

Month: Current Affairs - July, 2019

Category: Legal & Constitution Current Affairs

Topics: 15th Finance Commission • Article 280 • CLAT • Finance Commission • N. K. Singh • Terms of Reference • Union Cabinet

15th Finance Commission constitutes high level group for balanced expansion of health sector

The Fifteenth Finance Commission has constituted high level group to explore and give recommendations for a balanced expansion of the health sector. It will be headed by Dr. RandeepGuleria, Director, AIIMS, New Delhi and shall consist of eminent experts in health sector from across the country. Functions of High Level Group It will evaluate existing ..

Month: Current Affairs - May, 2018

Topics: 15th Finance Commission • Committees • Health Sector • High Level Group • National

15th Finance Commission forms constitutes advisory council over terms of reference issue

The Fifteenth Finance Commission (FCC) headed by NK Singh has constituted Advisory Council to advise and assist Commission on issue or subject related to Terms of Reference (ToR) to quell strong opposition from some states over 2011 census. The council comprises Arvind Virmani, former chief economic advisor, Surjit S Bhalla, Sajjid Chinoy, Neelkanth Mishra, Sanjeev ..

Month: Current Affairs - May, 2018

Topics: 15th Finance Commission • Advisory Council • National • NK Singh • Odisha • Terms of Reference

Government constitutes 15th Finance Commission under chairmanship NK Singh

The Union Government with the approval President of India has constituted 15th Finance Commission which will make recommendations for the five years commencing 1 April 2020 till 31 March 2025. The commission will recommend devolution of shareable central taxes to States. It will also review several important aspects of federal fiscal finance. It will make ..

Month: Current Affairs - November, 2017

Category: Awards, Persons & Places in News

Topics: 15th Finance Commission • Anoop Singh • Centre-States • Committees • Economy • National • NK Singh • Shaktikanta Das