Fiscal Consolidation: Current Affairs, GK & News - 2020-2021

Fifteenth Finance Commission meets to discuss Health Sector and Fiscal Consolidation

Published: May 21, 2020

On May 21, 2020, the Fifteenth Finance Commission met to discuss health sector and fiscal consolidation in the country. Highlights A high-level group was constituted by the Finance Commission on health sector. The group had submitted its report August 2019. Some of its recommendations were incorporated in the first report of the Finance Commission for ..

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Finanance Commission: N K Singh Committee for a new Fiscal Consolidation Road Map

Published: March 20, 2020

On March 19, 2020, the Finance Commission Constituted a committee under Shri N K Singh in order to build a fiscal consolidation road map for the centre and the states. Highlights The Finance Commission had submitted its first report to the GoI in February 2020. The Commission will submit its final report covering the financial ..

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RBI Governor bats for Permanent Status to Finance Commission

Published: March 21, 2019

Reserve Bank of India (RBI) governor Shaktikanta Das called for permanent status to Finance Commission.  RBI Governor Shaktikanta Das is also the member of the fifteenth finance commission. Necessity of the Permanent Status The permanent status will ensure consistencies between finance commissions so that there is some certainty in the flow of funds to states. ..

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