Fifteenth Finance Commission to submit its report to President Ram Nath Kovind on Nov 9th

Fifteenth Finance Commission to submit its report to President Ram Nath Kovind on Nov 9th

The Fifteenth Finance Commission headed by N. K. Singh will submit its report to President Ram Nath Kovind on 9th of next month. The Commission concluded their deliberations today on the Report for the next five financial years starting from 2021 -22 to 2025-26. The report has been finalized after wide-ranging consultations with the Union and State Governments, local governments, Chairmen and Members of previous
Finance Commissions, Advisory Council to the Commission and other domain experts, academic institutions of eminence and multi-lateral institutions. The Finance Commission will also present a copy of the Report to the Prime Minister later next month. The Report will be tabled in the Parliament by the Union Finance Minister along with an Action Taken Report of the Government. The Fifteenth Finance Commission was
constituted by the President with N. K. Singh as its Chairman. The other members of the Commission include Ajay Narayan Jha, Prof. Anoop Singh, Dr. Ashok Lahiri and Dr. Ramesh Chand.

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