Finance Commission Current Affairs, GK & News

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 Department of Drinking Water and Sanitation. The Committee will take up two states or Union ..

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Atal Innovation Mission, CIPS join hands for Innovation in Public System

The Atal Innovation Mission, Centre for Innovations in Public Systems (CIPS) and NITI Aayog recently announced collaboration to reinforce entrepreneurship and innovation ecosystem in India. What is the plan? The CIPS and Atal Innovation Mission signed a Statement of Intent to promote innovation in the area of public system. This is to be achieved with ..

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Fifteenth Finance Commission Report: Key Highlights

The Fifteenth Finance Commission headed by N K Singh is to submit its report the President of India. Key Recommendations The recommendations made by the commission are as follows The Commission has recommended that the states shall get 41% of central tax revenues. Earlier, the fourteenth Finance Commission had recommended 42%. 4.3 lakh crores for ..

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GoI releases first instalment of Rs 2,200 crores to 15 states to improve Air Quality measures

On November 2, 2020, the Government of India released Rs 2,200 crores to 15 states to improve Air Quality Measures. The air quality improvement measures are to be executed in more than million plus cities. Highlights The amount was released based on the recommendations of the Fifteenth Finance Commission. The fund will help states undertake ..

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15th Finance Commission’s High-Level Group on Agricultural Exports submits report

The High-Level Group on Agricultural Exports set up by the 15th Finance Commission has finally submitted its report to the Commission. Why was it set up? The group was set up to recommend measurable performance incentives for states to encourage agriculture exports and to promote crops to enable high import substitution. After intensive research and ..

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