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 ..

 Finance Commission suggests GST Council for Three Slabs

The fifteenth Finance Commission headed by Retired IAS officer Nand Kishore Singh is about to commence its tenure of 5 years from 1st April 2020- 31st  March 2025. The commission constituted on 27th November 2017 will recommend fiscal matters and ..

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 ..

Month: Current Affairs - May, 2019

Why India needs watch-dog for Fiscal Discipline?

The Chairman of the Fifteenth Finance Commission N K Singh has pitched for a fiscal council to enforce fiscal rules and better manage public debt. Why Fiscal Council? For state government liabilities, Article 293 (3) provides a constitutional check over ..

Month: Current Affairs - April, 2019

Shaktikanta Das newly appointed Governor of Reserve Bank of India (RBI)

Shaktikanta Das, a retired 1980 batch IAS officer of Tamil Nadu cadre, has been appointed as the 25th Governor of the Reserve Bank of India (RBI) for a period of 3 years. He succeeded the post after the sudden resignation ..