Under the 15th Finance Commission, to address the challenge of malnutrition, various components like Anganwadi services, Poshan Abhiyaan and Scheme for Adolescent girls (of 14-18 years in Aspirational Districts and North-Eastern region) have been subsumed under the umbrella Mission Saksham A
Andhra Pradesh Chief Minister Nara Chandrababu Naidu and Finance Minister Payyavula Keshav met the Chairman of the 16th Finance Commission, Arvind Panagariya, in Delhi on Saturday.
Karnataka Chief Minister Siddaramaiah said that he has submitted Karnataka's list of demands to the Union Government ahead of the Budget presentation for the financial year 2025-26 by Finance Minister Nirmala Sitharaman on Saturday.
The Union Government, on Wednesday, announced the Fifteenth Finance Commission (XV FC) Grants for Rural Local Bodies (RLBs) in Rajasthan and Odisha for Financial Year 2024-2025, the Ministry of Panchayati Raj stated in a release.
The central government on Tuesday released funds under the Fifteenth Finance Commission (XV FC) grants for rural local bodies in Uttar Pradesh and Andhra Pradesh for the financial year 2024-25.
Union Finance Minister Nirmala Sitharaman highlighted that the 15th Finance Commission has devolved more funds to states in 45 months than the total funds devolved by the 14th Finance Commission over 60 months.
The Centre has released Rs. 71,889 crore to the States under various heads for FY 2024-25 based on the recommendations of 15th Finance Commission (XV-FC), the Finance Ministry said on Sunday as part of its FinMin Year Review 2024 initiative.
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
India's economy is on track to surpass the USD 7 trillion mark by 2030 even under the conservative growth estimates, according to Arvind Panagariya, Chairman of the 16th Finance Commission.
Kerala on Tuesday urged the 16th Finance Commission to increase its share of the divisible tax pool from the 41 per cent recommended by the 15th Finance Commission to 50 per cent.
Kerala Finance Minister K. Balagopal welcomed the 16th Finance Commission, led by Prof. Arvind Panagariya, to Kerala, emphasizing the commission's role in fostering the federal fiscal framework.