Govt extends 15th Finance Commission's term by a month till 30 November; broadens ambit of recommendations

The government on Wednesday extended the 15th Finance Commission's term by a month till 30 November, and broadened the ambit of its recommendation to include funds for defence and internal security, an official statement said

Press Trust of India July 17, 2019 17:04:39 IST
Govt extends 15th Finance Commission's term by a month till 30 November; broadens ambit of recommendations
  • The government on 27 November, 2017, notified the 15th Finance Commission, headed by N K Singh, to suggest, among other things, the formula for devolution of funds to states by the Centre for five years commencing 1 April, 2020

  • Cabinet approves extension of the term of the Fifteenth Finance Commission up to 30th November, 2019

  • The commission was scheduled to finalise its report by 30 October this year

New Delhi: The government on Wednesday extended the 15th Finance Commission's term by a month till 30 November, and broadened the ambit of its recommendation to include funds for defence and internal security, an official statement said.

The government on 27 November, 2017, notified the 15th Finance Commission, headed by N K Singh, to suggest, among other things, the formula for devolution of funds to states by the Centre for five years commencing 1 April, 2020.

"Cabinet approves extension of the term of the Fifteenth Finance Commission up to 30th November, 2019; approves Amendment in the Terms of Reference for the Fifteenth Finance Commission to address concerns regarding funds for defence and internal security," an official tweet said.

The commission was scheduled to finalise its report by 30 October this year.

Updated Date:

also read

Taliban's Mullah Mohammad Hasan Akhund asks former govt officials to return, vows 'full protection'
World

Taliban's Mullah Mohammad Hasan Akhund asks former govt officials to return, vows 'full protection'

Afghanistan's acting prime minister reiterated the Taliban's promise of amnesty for anyone who has worked alongside the previous governments following the US-led invasion in 2001

China endorses Taliban’s interim govt, announces $31 million aid for Afghanistan
World

China endorses Taliban’s interim govt, announces $31 million aid for Afghanistan

Chinese foreign minister Wang Yi said China has decided to donate three million vaccine doses to the Afghan people in the first batch. China is also ready to provide more anti-epidemic and emergency materials to Afghanistan

Mullah Hasan Akhund is Afghanistan's interim prime minister: Why Taliban banks on this enigmatic figure
World

Mullah Hasan Akhund is Afghanistan's interim prime minister: Why Taliban banks on this enigmatic figure

Mullah Akhund has been an influential figure in Afghanistan since the inception of the militant group in the 1990s