 "15th Finance Commission submits its report for FY21 to FM Sitharaman")
The Finance Commission on Friday submitted its report for the financial year 2020-21 to Finance Minister Nirmala Sitharaman.
The panel, headed by N K Singh, on Thursday submitted its report to the President.
"Shri @NKSingh_MP, Chairman of the 15th Finance Commission of India, along with the members and senior officials of the Commission, calls on Smt @nsitharaman and presents the Commission's report for the Financial Year 2020-21," the finance ministry said in a tweet.
The 15th Finance Commission was constituted by the President of India under Article 280 of the Constitution on November 27, 2017, to make recommendations for a period of five years from April 2020 to March 2025.
The Commission had a wide ranging terms of reference contained in the Presidential Notification.
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