The Chairman of the 14th Finance Commission and former Reserve Bank of India (RBI) Governor, Dr. Y.V. Reddy, called on Union Finance Minister Arun Jaitley at his office yesterday.
Earlier, the report of the 14th Finance Commission was presented to the office of the President of India, Pranab Mukherjee.
The Fourteenth Finance Commission Report is for the period April 1, 2015 to March 31, 2020.
The report was submitted by A N Jha, Secretary of the Finance Commission to Omita Paul, Secretary to the President of India, for placing before the President in accordance with the Order of the President dated January 2, 2013 constituting the Finance Commission, as amended vide Order dated October 31, 2014 extending its tenure till December 31, 2014.