Page 9 - Finance Commission
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
 "50-year loan likely to strengthen Centre's grip over states' debt")
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
 "Post-Covid federalism: How Centre can build and keep trust with states")
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
 "Finance Commission to deliberate on GDP growth, GST compensation")
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
 "Centre releases Rs 6,195 cr in revenue deficit grant to 14 states")
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
 "Covid-19 impact: Finance Commission discusses new tools for education")
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
 "Noted economist, member of 10th Finance Commission B P R Vithal passes away")
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
 "Govt applies the brake on schemes outside the Rs 20 trillion package")
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
 "Centre releases grants worth Rs 5,140 cr for local bodies of 6 states")
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
 "Uproar in Chhattisgarh assembly over use of 14th Finance Commission fund")
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 expert group on agri exports to be headed by Sanjiv Puri")
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
 "Finance Commission recommends Rs 19,309 cr devolution to Himachal for FY20")
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.
 "KT Rama Rao hits out at Finance Commission over reduced states devolution")
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.
 "Tamil Nadu CM urges FM to release Rs 6374 cr grant recommended by 14th FC")
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
 "15th Finance Commission to recommend grants for statistics in second report")
TN lost Rs 4,073 cr due to Centre's GST fund allocation formula: Governor
He added the matter has been referred to a Group of Ministers by the GST Council and he sought for an early favorable decision
 "TN lost Rs 4,073 cr due to Centre's GST fund allocation formula: Governor")
Uddhav Thackeray's big test as Maharashtra CM: Finding money for farmers
The new government will have to factor in the economic slowdown and the dip in tax collection before committing the state's finances to various projects
 "Uddhav Thackeray's big test as Maharashtra CM: Finding money for farmers")
Fifteenth FC may have kept devolution of divisible tax pool unchanged
The interim report is likely to be made public just before or on the day of the Budget
 "Fifteenth FC may have kept devolution of divisible tax pool unchanged")