Page 4 - Finance Commission

Finance Commission to 'reconcile data', come up with own conclusion

Various sources of data would be used for comparison, for states in particular, the finance commission officials said

Finance Commission says will 'reconcile data' after row over statistics

A group of more 100 top economists had earlier this year expressed concerns over 'political interference' in statistical data.

15th Finance Commission likely to pitch for more powers to local bodies

The 15th FC is also likely to bring back performance-based incentives for states, wherein they will be assessed on certain parameters

Crucial for federalism

Finance Commissions are central to the Constitution

States may get incentives for controlling population, says N K Singh

The recommendations of the current commission will be applicable for a period of five years from April 1, 2020

Can terms of reference of Finance Commissions be changed? Yes, say experts

Precedents such as changes in the ToR of the 14th Finance Commission following the creation of Telangana

Terms of reference of 15th Finance Commission

A major item which has led to the controversy is that the Commission shall use the population data of 2011 while making its recommendations

15th Finance Commission: Moving on

Since the 10th FC, the most important parameter in the horizontal devolution formula has been the income distance criterion

Statsguru: Holding a fine balance between 11th and 14th Finance Commission

The Commission had recommended that states' share in divisible tax pool be raised to 42% between 2015 and 2020

Cabinet approves 15th Finance Commission, to be in place by 2020

Jaitley also said that the 15th Finance Commission would be in place before April 1, 2020.