Government Appoints 4 Members Of 16th Finance Commission India News Setting the stage for the sixteenth finance commission to start its work soon, the centre late on wednesday notified the appointment of four full time members for the panel, which is chaired by the first niti aayog vice chairman and columbia university professor arvind panagariya. The 16th finance commission, chaired by shri arvind panagariya, covers the period 2026–27 to 2030–31. it represents a clear shift towards performance, transparency and long term fiscal sustainability.
Government Appoints Four Members To Newly Constituted 16th Finance The sixteenth finance commission was constituted on 31.12.2023 with shri arvind panagariya, former vice chairman, niti aayog as its chairman. now the following members are appointed to the commission with the approval of the president of india. Arvind panagariya has been appointed as the chief of the commission with the main task of determining revenue sharing between central government and state government for a period of five years from april 1, 2026. Similarly, the fourteenth finance commission was constituted five years and two months after the thirteenth finance commission. the advance cell of the 16th fc was formed in ministry of finance on 21.11.2022, to oversee preliminary work, pending formal constitution of the commission. Former expenditure secretary ajay narayan jha, former special secretary, expenditure annie george mathew, and artha global executive director niranjan rajadhyaksha have been appointed full time members of the commission.
Government Appoints Manoj Panda As 16th Finance Commission Member Similarly, the fourteenth finance commission was constituted five years and two months after the thirteenth finance commission. the advance cell of the 16th fc was formed in ministry of finance on 21.11.2022, to oversee preliminary work, pending formal constitution of the commission. Former expenditure secretary ajay narayan jha, former special secretary, expenditure annie george mathew, and artha global executive director niranjan rajadhyaksha have been appointed full time members of the commission. The government has appointed former expenditure secretary ajay narayan jha and sbi group chief economic advisor soumya kanti ghosh, and two other members to the newly constituted 16th. 16th fc, chaired by dr. arvind panagariya, accepted by govt for 2026 27 to 2030 31. constitutional body under article 280, president appoints chairman & 4 members. key recommendations: states' share at 41%, southern states gain via gdp contribution, fiscal deficit capped at 3% gsdp. • on december 31, 2023, the government appointed former vice chairman of niti aayog arvind panagariya as the chairman of the 16th finance commission. • ritvik ranjanam pandey was named as the secretary to the commission. • the commission will submit its report to the president by october 31, 2025. The 16th finance commission (2023–2031) decides centre state tax distribution. know its mandate, members, tenure, and fiscal responsibilities.
Government Appoints Members Of The 16th Finance Commission The government has appointed former expenditure secretary ajay narayan jha and sbi group chief economic advisor soumya kanti ghosh, and two other members to the newly constituted 16th. 16th fc, chaired by dr. arvind panagariya, accepted by govt for 2026 27 to 2030 31. constitutional body under article 280, president appoints chairman & 4 members. key recommendations: states' share at 41%, southern states gain via gdp contribution, fiscal deficit capped at 3% gsdp. • on december 31, 2023, the government appointed former vice chairman of niti aayog arvind panagariya as the chairman of the 16th finance commission. • ritvik ranjanam pandey was named as the secretary to the commission. • the commission will submit its report to the president by october 31, 2025. The 16th finance commission (2023–2031) decides centre state tax distribution. know its mandate, members, tenure, and fiscal responsibilities.
Government Appoints Members Of The 16th Finance Commission • on december 31, 2023, the government appointed former vice chairman of niti aayog arvind panagariya as the chairman of the 16th finance commission. • ritvik ranjanam pandey was named as the secretary to the commission. • the commission will submit its report to the president by october 31, 2025. The 16th finance commission (2023–2031) decides centre state tax distribution. know its mandate, members, tenure, and fiscal responsibilities.
India S 16th Finance Commission Holds First Meeting Chaired By
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