15th Finance Commission On Course To Finalise Report By End Of This Month
The portrait of Mahatma Gandhi is displayed on an Indian rupee note. (Photographer: Brent Lewin/Bloomberg)  

15th Finance Commission On Course To Finalise Report By End Of This Month

Bookmark

The 15th Finance Commission is on course to finalise its report by Oct. 30, an official statement said on Wednesday.

The Commission's Chairman NK Singh along with its members on Wednesday held a virtual meeting with the Chairmen of two previous Finance Commissions -- C Rangarajan and Vijay Kelkar -- respectively.

Rangarajan and Kelkar chaired the 12th and 13th Finance Commissions, respectively.

"The Chairmen of the previous Finance Commissions appreciated the tough challenge faced by the 15th Finance Commission, given the background of the Covid-19 pandemic, the resultant loss of economic activity and its impact on fiscal parameters of the general government," the statement said.

Also read: 15th Finance Commission Should Take A Call On Revenue Deficit Grant To Andhra Pradesh: Nirmala Sitharaman

The 15th Finance Commission is mandated to make their final report for 2021-26 available by Oct. 30, 2020. The Commission remains on course to complete their task, it added.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.