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

N K Singh panel submits report on changes in FRBM Act  

The Fiscal Responsibility and Budget Management (FRBM) Committee has submitted its 4 volume report on changes in FRBM Act, 2013 to the Union Finance Minister Arun Jaitley. The 5 member committee was headed by N.K. Singh, former Revenue and Expenditure Secretary and former MP. Its member included RBI Governor Urjit Patel, Chief Economic Advisor Arvind ..

Month: Current Affairs - January, 2017

Topics: Budget • Business • Committees • Economy • Finance • FRBM • N K Singh Committee • National