However, the 15th Finance Commission's framework envisions a phased reduction, pushing states to align their revenue and expenditure. “The Finance Commission determines post-devolution revenue ...

the Assam government on Friday has directed all district commissioners to inspect and verify all the schemes under 15th Finance Commission. In an office order issued by Dr JB Ekka, Principal ...

PM Modi chaired 10th governing council meeting of NITI Aayog Saturday, interacting with CMs and L-Gs of all states and UTs ...

"When it comes to vertical devolution, like most other states, Maharashtra has asked that the share to states in Union tax revenue be increased from 41%, as it was in the 15th finance commission ...

Nagpur's inclusion in the final panel comes amid a funding drought under the 15th Finance Commission. A senior official from Nagpur Municipal Corporation's (NMC) finance and accounts department ...

The 15th Finance Commission (FC) headed by NK Singh had recommended a transfer of Rs 2.22 lakh crore to Odisha for five years from 2021 to 2026, against a demand of Rs 8.24 lakh crore. The ...

During the 10th Finance Commission, Southern states had a 24.3% share, which was reduced to 15.8% by the 15th Finance Commission,” he said. Specifically looking at Andhra Pradesh’s share in ...

He pointed out that horizontal devolution to southern states declined from 24.3 per cent during the 10th Finance Commission to 15.8 per cent under the 15th Finance Commission. Andhra Pradesh’s ...