Key Recommendations of 14th Finance Commission-MAINS-2016.
I. The Thirteenth Finance Commission has hiked the share of the states in Central taxes from the existing 30.5% to 32% while making a strong pitch for greater fiscal discipline both at the Centre and in the states.
Summary of the 13th Finance Commission Report.
The Thirteenth Finance Commission's recommendation to increase the vertical share of tax devolution to states will help, but its horizontal distribution formula leaves much to be desired. One, its design is such that two of the four key indicators are in conflict with each other.
The Hindu explains: why the 15th Finance Commission has.
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Finance Commission of India - INSIGHTSIAS.
The difference between 13th and 14th finance commission and its impact on orissa from a view point.
Report of the 15th Finance Commission for FY 2020-21.
The Finance Commission is a constitutional body formed by the President of India to give suggestions on centre-state financial relations. The 15 th Finance Commission (Chair: Mr N. K. Singh) was required to submit two reports. The first report, consisting of recommendations for the financial year 2020-21, was tabled in Parliament on February 1.
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IAS Exam Essay 2017: Impact of New Economic Measures on.
Similarly, the 13th Finance Commission buried the idea of one-size-fits-all and laid out individual fiscal consolidation roadmaps for states. This is something the 14th Finance Commission took to.
Civil Services Mains 2013 General Studies Paper 2 (GS2.
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Finance Commssion, India - :: Finance Commission, India.
Discuss the recommendations of the 13th Finance Commission which have been a departure from the previous commissions for strengthening the local government finances. The product diversification of financial institutions and insurance companies, resulting in overlapping of products and services strengthens the case for the merger of the two regulatory agencies, namely SEBI and IRDA.
Finance Commission of India - General Studies MCQs with.
Finance Commission constitutes Group on Defence and Internal Security - New Delhi, Dated: 13th February, 2020 33. Finance Commission constitutes High Level Expert Group on Agriculture Exports - New Delhi, Dated: 17th February, 2020. 34. Finance Commission to hold meeting with Finance Ministers of all States - New Delhi, Dated: 3rd March, 2020 35. The First Meeting of the 15th Finance.
DMPQ- Critically analyse the important recommendations of.
The fourteenth finance commission is of the view that tax tax devolution should be the primary route of resources to the states. The commission recommends to increase the tax devolution of the divisible pool to states to 42% for years 2015 to 2020. This is 10% more compared to 32% target set by 13th financial commission.
Horizontal Equity and the Thirteenth Finance Commission.
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