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 ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
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 ..
Month: Current Affairs - May, 2021
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 ..
Month: Current Affairs - April, 2021
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 ..
Month: Current Affairs - February, 2021
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 ..
Month: Current Affairs - July, 2020
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 ..
Month: Current Affairs - April, 2020
15th Finance Commission to set up panel to examine fiscal and debt situation of Centre and States
The Fifteenth Finance Commission is to set up a panel soon, which will examine the fiscal and debt situation of the Centre and states. This panel is to be headed by the Chairman of the 15th Finance Commission N.K.Singh. It ..
15th Finance Commission constitutes expert group on farm exports
The 15th Finance Commission (FFC) recently set up a High level expert group on farm exports. The group is to be headed by the Chairman and Managing director of ITC, Sanjiv Puri. The committee comprises various members including Former agriculture ..