Article 280 Current Affairs, GK & News
Fifteenth Finance Commission meets to discuss Health Sector and Fiscal Consolidation
On May 21, 2020, the Fifteenth Finance Commission met to discuss health sector and fiscal consolidation in the country. Highlights A high-level group was constituted by the Finance Commission on health sector. The group had submitted its report August 2019. Some of its recommendations were incorporated in the first report of the Finance Commission for ..
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs
Topics: 15th Finance Commission • Article 280 • Finance Commission • Fiscal Consolidation • State • Tax
15th Finance Commission to monitor COVID-19 before second report
On March 19, 2020, the Finance Commission announced that it will monitor situation of COVID-19 before releasing its second report. Highlights The Commission is to set up a committee to review fiscal consolidation of the government. The commission has recommended grants for health sector under its report. It has recommended setting up of State Disaster ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: 15th Finance Commission • Article 280 • Corona virus • COVID-19 • Disaster Relief • Finance Commission • President of India
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
Chief Economic Advisor Krishnamurthy Subramanian appointed as Advisory Council Member in 15th Finance Commission
The Chief Economic Advisor (CEA) to Central government, Dr. Krishnamurthy Subramanian is appointed as twelfth (12) member of Advisory Council of Fifteenth (15th) Finance Commission (FCc). Advisory Council It now has 12 members, which include noted economists Surjit Bhalla, Arvind Virmani, Indira Rajaraman and M Govinda Rao among others. Role and Function: To is to ..
Month: Current Affairs - May, 2019
Category: Economy & Banking Current Affairs
Topics: Advisory Council • Ajay Narayan Jha • Article 280 • Arvind Virmani • Ashok Lahiri • Chief Economic Advisor • Constitution • Dr. Krishnamurthy Subramanian • FC • Fifteenth Finance Commission • Indira Rajaraman • K.C. Neogy • President • Surjit Bhalla • Terms of Reference