Page 8 - Finance Commission

Centre releases Rs 6,195 crore to 14 states: FM Nirmala Sitharaman

A similar amount was released as grant in April-October period of the current financial year

Amid grim fiscal outlook, this 'act of god' could salvage Sitharaman's Budget

If the Finance Commission recommends a smaller tax share for states, the Centre will get more money. On what that would do to 'cooperative federalism', you don't need to guess, writes T N Ninan

Discussion on report over, FinCom set to present it to President on Nov 9

The report will be tabled in Parliament by the union finance minister along with an action taken report of the government

50-year loan likely to strengthen Centre's grip over states' debt

14th Finance Commission had said 2 states could become debt-free from Centre by '25, rest by '30

Post-Covid federalism: How Centre can build and keep trust with states

Automatic, counter-cyclical transfers from the Centre to states can build trust and prevent trust from being corroded

Finance Commission to deliberate on GDP growth, GST compensation

N.K. Singh, the Chairman of the 15th Finance Commission, along with the other members, will hold a day-long meeting with the Economic Advisory Council of the commission on Friday

Centre releases Rs 6,195 cr in revenue deficit grant to 14 states

The Finance Commission provides a mechanism for the Centre to compensate for any revenue loss incurred by states, which is referred to as post devolution revenue deficit grant

Covid-19 impact: Finance Commission discusses new tools for education

The Finance Commission discussed the impact of the new tools of education, including online classes and use of other technology amid the coronavirus pandemic

Noted economist, member of 10th Finance Commission B P R Vithal passes away

Educated at Madrasa-e-Aliya high school, Hyderabad, Vithal graduated from Madras Christian College and joined the Hyderabad Civil Service in 194, qualifying for IAS in 1950

Govt applies the brake on schemes outside the Rs 20 trillion package

Schemes that were given in-principle approval would also be suspended in this financial year

The long shadow of FY20 on Centre's finances can not be missed by anybody

There may be no official word yet on how the Centre's tax revenue assumptions for the current year have gone awry

Why KCR has started sounding desperate

All states face the problem of reordering their finances. But Telangana more than others because it has committed itself to a path from which it cannot swerve

Centre releases grants worth Rs 5,140 cr for local bodies of 6 states

Tamil Nadu will be the biggest beneficiary as its urban local bodies will get Rs 987.85 crore

Uproar in Chhattisgarh assembly over use of 14th Finance Commission fund

Opposition accuses Baghel-led govt of misusing the money by constructing cowsheds all over the state

Finance Commission expert group on agri exports to be headed by Sanjiv Puri

The committee will submit its recommendations within three months for further consideration of the Commission, it said

Finance Commission recommends Rs 19,309 cr devolution to Himachal for FY20

The average annual grant under was increased by Modi to Rs 14,407 crore in 14th Finance Commission and now to Rs 19,309 crore in 15th Finance Commission for 2020-2021, he said

KT Rama Rao hits out at Finance Commission over reduced states devolution

The reduction in devolution to 41 per cent from 42 per cent earlier will lead to an up to Rs 4,000 crore hit to Telangana, Rao told reporters on the sidelines of the NTLF here.

Tamil Nadu CM urges FM to release Rs 6374 cr grant recommended by 14th FC

In a letter to Sitharaman, the CM said that of the total amount, Rs 2,029 cr is the arrear towards performance grant from 2017-18 to 2019-2020, and Rs 4,345 cr is the basic grant for 2019-2020.

Advisory Council of 15th Finance Commission to meet on Thursday

The meeting will be chaired by chairman of the Commission, N K Singh, and will be attended by its members including A N Jha, Ashok Lahiri, Ramesh Chand, Anoop Singh and Arvind Mehta.

15th Finance Commission to recommend grants for statistics in second report

Experts say MoSPI can take up leadership role but states will have to do actual work