N. K. Singh Current Affairs, GK & News

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 ..

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Arvind Singh appointed as chairman of Airports Authority of India

IAS officer Arvind Singh has been appointed as the chairman of Airports Authority of India and Sukhbir Singh Sandhu will head the National Highways Authority of India.

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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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Why India needs watch-dog for Fiscal Discipline?

The Chairman of the Fifteenth Finance Commission N K Singh has pitched for a fiscal council to enforce fiscal rules and better manage public debt. Why Fiscal Council? For state government liabilities, Article 293 (3) provides a constitutional check over borrowings. But there are no such restrictions on the Centre Hence there is a need ..

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Ravi Kota appointed as new Joint Secretary of 15th Finance Commission of India

Ravi Kota, the 1993 batch IAS officer of Assam- Meghalaya, has been appointed Joint Secretary of 15th Finance Commission under the Department of Economic Affairs (DEA). Presently, he is posted as Principal Secretary in Government of Assam-Meghalaya. The Finance Commission, set up in 1951 under Article 280 of the Constitution, basically decides how revenue has ..

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