Poging GOUD - Vrij
Govt names 4 members of 16th FC
Hindustan Times
|February 01, 2024
The government announced on Wednesday that it had appointed three full-time and one part-time members of the Sixteenth Finance Commission (16th FC): former expenditure secretary and former member of the 15th Finance Commission Ajay Narayan Jha, former special secretary-expenditure Annie George Mathew, and Artha Global executive director Niranjan Rajadhyaksha will be full-time members.
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State Bank of India (SBI) group chief economic advisor Soumya Kanti Ghosh was appointed as a part time member, the statement, by the finance ministry, said.
The government last month appointed former vice-chairman of NITI Aayog and Columbia University professor Arvind Panagariya as chairman of the 16th FC, which would suggest a devolution formula for tax revenues between the Centre and states.
"The Sixteenth Finance Commission has been requested to make its recommendations available by October, 31, 2025, covering an award period of five years commencing 1st April, 2026," the statement said.
Dit verhaal komt uit de February 01, 2024-editie van Hindustan Times.
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