Page 8 - 15th Finance Commission

15th Finance Commission members meet economists to discuss ToRs

Officials who were part of the meeting said that the meeting was held keeping in mind the controversy regarding the ToRs

15th Finance Commission: Where Centre and states stand

Kerala, Andhra Pradesh, Karnataka, Delhi, Punjab, Puducherry and West Bengal have drafted a memorandum to President Ram Nath Kovind, seeking the following changes

15th Finance Commission to meet advisory council on May 17

Sources said the council might be asked to do research and study on terms of reference

Seven states, UTs write to President on finance panel terms of references

Addressing the meeting, Naidu said the 2011 population criteria would adversely affect the flow of funds to performing states

Finance Ministers of 6 states to discuss 15th Finance Commission on Monday

The Finance Ministers conclave would push for the 2011 population weightage to remain at 10%

With lower fertility rate, will south India lose out to north in finance?

In 2016, Tamil Nadu's total fertility rate-the number of children a woman will have in a lifetime-was the lowest among India's large states at 1.6

Letter to BS: 15th Finance Commission mired in controversy

The apprehensions about the terms of reference of the 15th FC on the fairness and equity in the distribution of public resources for development are not unfounded

Population policy: 15th Finance Commission mired in controversy

Southern states allege that the shift will work against the states that have worked towards population control

Modi rejects allegations of southern states over 15th Finance Commission

Union government reportedly mandated the Commission in the ToR to base its decision for tax sharing and devolution of resources on the 2011 census as against the practice of using 1971 census

No bias against states in finance commission's terms of reference: Jaitley

The FM's statement comes on a day when the finance ministers of Kerala, Karnataka, Andhra Pradesh and Puducherry met in Thiruvananthapuram and spoke out against the terms of reference

A minefield of issues

The Terms of Reference of the 15th Finance Commission might undermine positive momentum towards 'cooperative federalism'

Does Finance Commission ToR hurt interest of South India: DMK fears allayed

One of the ToR refers to shifting of population census to 2011 from 1971 for the purpose of devolution

15th Finance Commission will need to define 'populism', says chairman

The 15th Finance Commission has been asked to submit its report by the end of October 2019

Fiscal consolidation: Panel invites suggestions from stakeholders by June

The views have to be sent by June 30, 2018

15th Finance Commission: A challenge and an opportunity

The tax buoyancies have been affected by the transition to the goods and services tax (GST) and the GST compensation to states will continue till 2022

New Finance Commission may penalise states for bad show in schemes

The Commission says incentives for states will be decided, among others, by "control or lack of it in incurring expenditure on populist measures"

Former Planning Commission member N K Singh to head 15th Finance Commission

The 15th Finance Commission will be the first such panel to use the 2011 population census

Former Planning Commission member N K Singh to lead 15th Finance Commission

Other members of Finance Commission are Shaktikanta Das, Anoop Singh, Ashok Lahiri and Ramesh Chand

Agenda for 15th Finance Commission

The 15th FC will be formed in the context of a massive change in the indirect tax structure brought about by the arrival of the GST

Finance panel may be asked to suggest ways to deal with states' farm crises

New Delhi, 17 JulyThe 15th Finance Commission (FFC) might be asked to suggest ways of providing more fiscal space and resources for states to deal with agricultural crises. The terms of reference and composition of the Commission are being decided and could be finalised by October.Business Standard has learnt the FFC could be told to study the impact of drought and price crashes due to oversupply on farmers and agricultural income. And, suggest how states could deal with such issues without breaking their fiscal limits.There have been large-scale protests by farmers around the country. Five states have announced farm loan waivers (Uttar Pradesh, Punjab, Karnataka, Telangana and Maharashtra), totalling around Rs 2 lakh crore. This has prompted concerns about their fiscal health, already stretched due to issuance of bonds under the scheme to restructure power distribution companies, termed UDAY.Finance Minister Arun Jaitley has maintained that the central government will not ...