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3 lut 2021 · The 15 th Finance Commission was constituted by the President of India in November 2017, under the chairmanship of NK Singh. Its recommendations will cover a period of five years from the year 2021-22 to 2025-26.
The Finance Commission is a constitutional body formed by the President of India to give suggestions on centre-state financial relations. The 15 th Finance Commission (Chair: Mr. N. K. Singh) was required to submit two reports.
Report of the XV Finance Commission (2021-2026) Report of Fifteenth Finance Commission for 2021-26. ( 2021-26 के लिए पंद्रहवें वित्त आयोग की रिपोर्ट ) English Version. हिंदी संस्करण. Download Complete Report. (Volume I to Volume IV) संपूर्ण ...
2 kwi 2020 · Table of Contents. What is the Finance Commission? 15th Finance Commission. Terms of Reference of XV-FC. Controversies associated with the 15th Finance Commission. Recommendations of the 15th Finance Commission. Vertical Devolution. Horizontal Devolution. Grants in Aid. Empowering Local Bodies. Disaster Risk Management. Conclusion.
1 kwi 2020 · The Finance Commission suggests grants to offset these post-devolution revenue gaps. The recommendations are designed to correct fiscal capacity issues, avoiding incentives for insufficient revenue collection or overspending. For 2021-22, the 15th FC recommended such grants for 17 states.
Examine the recommendations made by the 15th Finance Commission, which was chaired by N.K. Singh, and how they affect India's fiscal federalism to help you prepare for the UPSC exam.
13 lip 2023 · What are Finance Commissions? FCs are constitutional bodies set up under Article 280 of the Constitution every five years to make recommendations on the distribution of financial resources between the Union and the states. Recommendations cover three main aspects: Vertical Devolution: The share of states in the divisible pool of central taxes.
