Fiscal Consolidation Current Affairs, GK & News
Fifteenth Finance Commission meets to discuss Health Sector and Fiscal Consolidation
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 ..
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs
Topics: 15th Finance Commission • Article 280 • Finance Commission • Fiscal Consolidation • State • Tax
Finanance Commission: N K Singh Committee for a new Fiscal Consolidation Road Map
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 ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs
Topics: Finance Commission • Fiscal Consolidation • fiscal deficit • Fiscal Responsibility and Budget Management • GDP • N K Singh Committee • N. K. Singh
RBI Governor bats for Permanent Status to Finance Commission
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. ..
Month: Current Affairs - March, 2019
Category: Economy & Banking Current Affairs
Topics: Expenditure code • Expenditure Planning • Finance Commission • Fiscal Consolidation • Goods and Service Tax • GST • Permanent Status • RBI • Reserve Bank of India