Home / Economy / News / Discussing alternatives to base year, says 15th FC chairman N K Singh

Discussing alternatives to base year, says 15th FC chairman N K Singh

Singh said that while the current year and part of next year would see a continued slowdown, things could get better from the latter half of 2021-22, and economy may grow at a rapid pace from thereon

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N K Singh, chairman, 15th Finance Commission

3 min read Last Updated : Jun 27 2020 | 2:06 AM IST

Fifteenth Finance Commission Chairman N K Singh said on Friday that the commission and its economic advisory panel were discussing alternatives for a base year to build its recommendations on, given how unprecedented 2020-21 has been owing to the Covid-19 pandemic.

Singh said while no decision had been taken, there were deliberations on whether to take the first six months of 2021-22 or assumptions based on the past three years (2017-18 to 2019-20) as base year.

On this, the 15th Finance Commission will build its projections and give its recommendations for 2021-22 to 2025-26.

Singh was addressing reporters through video-conferencing after a two-day

Topics : Coronavirus 15th Finance Commission N K Singh

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