Fifteenth Finance Commission

Post Devolution Revenue Deficit (PDRD) Grant

The Central Government recently released 9,871 crores of rupees as Post Devolution Revenue Deficit (PDRD) grant. The grant was provided to 17 states. The grant was released by the finance ministry. About PDRD Grant The Post Devolution Revenue Deficit grant ..



Jal Jeevan Mission: Rs 5,968 crores released by the Centre

On May 17, 2021, the Union Government released Rs 5,968 crores of rupees to implement the Jal Jeevan Mission. The funds were released to fifteen states. This is the first instalment of the four to be released in 2021-22. Fund ..


Jal Jeevan Mission: State-Wise Planning Exercise started for 2021–22

The Ministry of Jal Shakti recently announced that it is to roll out annual planning exercise with the States and Union Territories. What is the plan? The exercise is to be conducted by a committee chaired by the Secretary of ..


15th Finance Commission’s final report

The Fifteenth Finance Commission of India have submitted its final report fir a five-year duration. The report has been submitted with the objective of transforming the financial governance of India’s municipalities. Background The interim report for Financial Year 2020-21 was ..


GoI to increase Public Health Expenditure to 2.5% of GDP by 2025

On July 13, 2020, the 15th Finance Commission held a meeting with the Union Health Minister Dr Harsh Vardhan. It was decided at the meet that India will increase its public health expenditure to 2.5% of GDP by 2025. Highlights ..


Fifteenth Finance Commission to assess impacts of COVID-19

The Economic Advisory Council of the Fifteenth Finance Commission is to meet on April 23 and 24, 2020. The council is to discuss the impacts of COVID-19. Highlights A two-day meeting is to be held through video conference. The experts ..