Finance Commission Submits Report For 2020-21 To Finance Minister
The Finance Commission on Friday submitted its report for the financial year 2020-21 to Finance Minister Nirmala Sitharaman.
The panel, headed by NK Singh, on Thursday submitted its report to the President.
"Shri @NKSingh_MP, Chairman of the 15th Finance Commission of India, along with the members and senior officials of the Commission, calls on Smt @nsitharaman and presents the Commission's report for the Financial Year 2020-21," the finance ministry said in a tweet.
The 15th Finance Commission was constituted by the President of India under Article 280 of the Constitution on Nov. 27, 2017, to make recommendations for a period of five years from April 2020 to March 2025.
The Commission had a wide ranging terms of reference contained in the Presidential Notification.