Business Standard

Politicians to economists, the changing composition of Finance Commissions

The govt is in the process of appointing a member in place of Niranjan Rajadhhyaksha, the executive director at Artha Global, who resigned from the Commission earlier this month

Finance Commission

Representative image | Photo: X @15thFinCom

Indivjal Dhasmana

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Chairmen and members of finance commissions have generally been a mix of politicians, economists and bureaucrats since 1987. Politicians have not figured in the tax-devolution body since the 13th Commission. Chairmen have mostly been economists since the 11th Commission.  This time around (16th Finance Commission), economists figured as chairman and a part-time member.  However, the government is in the process of appointing a member in place of Niranjan Rajadhhyaksha, the executive director at Artha Global, who resigned from the Commission earlier this month.

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Note: Figure in brackets is year of constitution; *resigned during the term of the FC;**joined in place of Thanhawla in May 1989, but resigned after his appointment as adviser to Karnataka government
 

Chart
Note: Figure in brackets is year of constitution; *resigned during the term of the FC;**joined in place of Thanhawla in May 1989, but resigned after his appointment as adviser to Karnataka government

Sources: Respective finance commissions, Press Information Bureau, others

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First Published: Feb 21 2024 | 11:48 PM IST

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