 "N K Singh, chairman of the 15th Finance Commission")
In light of increased spending commitments due to Covid-19, the Centre and states can breach their fiscal responsibility and budget management (FRBM) limits, but need to have a clear path to come back to fiscal sustainability after the pandemic has been dealt with, Fifteenth Finance Commission Chairman N K Singh said on Thursday.
Addressing the media via videoconference, Singh said there should be increased focus on rural areas in terms of containment, testing, and treatment, since migrants were heading back to their villages in droves.
Singh was speaking after the first meeting of the commission’s panel on fiscal consolidation, and
