Page-3 of Finance Commission Current Affairs, GK & News

Corona Virus: India declares COVID-19 as “notified Disaster”

With more than 80 confirmed COVID-19 cases, India has declared “notified Disaster”. With this, the SDRF funds are to be temporarily used for supply of food, medical care and water for patients in quarantine camps. Why the Notification? Under Disaster Management Act, 2005, the SDRF funds shall be used only for cyclone, earthquake, drought, landslide, ..

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Phase-III of Pradhan Mantri Gram Sadak Yojana (PMGSY) launched

The Union Minister of Rural Development, Agriculture and Farmers Welfare & Panchayati Raj, Narendra Singh Tomar on Wednesday, 18th December 2019 launched the Phase-III of Pradhan Mantri Gram Sadak Yojana (PMGSY) in New Delhi on the sidelines of the National Workshop on PMGSY. The National Workshop was organized by the Ministry of Rural Development. Under ..

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Law Ministry to set up fast track courts after data on POCSO from HCs

The data from the High Courts across the country say that more than 96% of 1,66,882 rape trials registered under POCSO (Protection of Children from Sexual Offences Act) are pending. After receiving the data, law ministry has drawn comprehensive plans to fast track disposal of pending rape cases within a year. The plan is to ..

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Cabinet approves extension of term of 15th Finance Commission

Union Cabinet chaired by Prime Minister Narendra Modi has approved extension of term of 15th Finance Commission (XV-FC) up to 30 November 2019. This will enable FC to examine various comparable estimates for financial projections in view of reforms as well as new realities to finalise its recommendations for period 2020-2025. The government has also ..

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Finance Commission of India

The Finance Commission is sanctioned in Article 280 of the Indian Constitution. It was first established in 1951 by the President of India to define the financial relations and dealings between the central government of India and the individual state governments. What does the Constitution say? As per Article 280 of the Indian Constitution, the ..

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