Finance Commission Current Affairs, GK & News

Finance Commission  Current Affairs, GK & News

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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World Bank presents its report to Finance Commission of India

On July 8, 2020, the World Bank submitted its report on Health, Nutrition and Population to the Finance Commission of India. It is to be noted that the finance commission is consulting the World Bank to decide on the allocation of funds for the health sector. Highlights The Finance Commission for the first time in ..

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Lifetime Achievement Award to Ex-RBI Governor Rangarajan

On June 29, 2020, former RBI Governor C Rangarajan was conferred with lifetime achievement award for his contributions. The award was presented on the side lines of celebration of Statistics Day. About C Rangarajan Rangarajan was born in 1932. He was the 19th governor of Reserve Bank of India (RBI). He served as Deputy Governor ..

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