 "N K Singh")
Fifteenth Finance Commission (15th FC) Chairman N K Singh on Friday batted for revisiting provisions of the Constitution that govern the federal structure through consultative dialogue, amid souring Centre-state relations and the changing economic environment.
Singh also called for moving to a fiscal deficit range rather than a specific number to better judge expenditure outcomes of states.
At an annual general meeting of industry chamber Ficci, Singh suggested revisiting the provisions relating to subject areas between the Centre and states and centrally sponsored schemes (CSS). He also called for better coordination between the FC and the GST Council
Singh also called for moving to a fiscal deficit range rather than a specific number to better judge expenditure outcomes of states.
At an annual general meeting of industry chamber Ficci, Singh suggested revisiting the provisions relating to subject areas between the Centre and states and centrally sponsored schemes (CSS). He also called for better coordination between the FC and the GST Council
