The Fifteenth Finance Commission (15th FC) will monitor the situation in India in the wake of coronavirus pandemic and also the country’s response to it, as part of its deliberations ahead of the recommendations for 2020-21 (FY21) to 2025-26 (FY26).
The Commission’s Chairman N K Singh said on Thursday that some aspects that will need to be examined include health-sector specific needs, the larger impact on the economy of the Centre and states, and disaster relief funds.
Also on Thursday, the 15th FC announced it was setting up a committee to review the fiscal consolidation road map of the government. “We will