Haryana Government has constituted the Fifth State Finance Commission (SFC) under the chairmanship of noted economist Mukul G Asher.

An official spokesman on Monday said that other members of the Commission included Vishnu Bhagwan, Rohini Aggarwal, Dr Aniruddha Rajput, Sham lal Bansal, Rajinder Mohan Walia, Anurag Bakshi and Neeta Khera. Amneet  P Kumar, Secretary, Secretariat Establishment and Finance Department, Haryana would be Member Secretary.

A notification in this regard has been issued. He said that the Commission would make recommendations relating to the principles which should govern the distribution between the State and the Zila Parishads, Panchayat Samitis and Gram Panchayats, of the net proceeds of the taxes, duties, tolls and fee  leviable by the State which may be divided between them under Part IX of the Constitution of India and the allocation between the Zila Parishad, Panchayat Samiti and Gram Panchayats at all levels of their respective shares of such proceeds.

It will also make recommendations regarding determination of the taxes, duties, tolls and fee  which may be assigned to, or appropriated by, the Gram Panchayats, Panchayat Samitis and Zila Parishads.

The Commission would also make recommendations related to grants-in-aid to the Zila Parishad, Panchayat Samiti and Gram Panchayat from the Consolidated Fund of the State.

It would also suggest regarding the measures

needed to improve the

financial position of the

Gram Panchayats,

Panchayat Samitis and Zila Parishads, said the spokesman.

The Chairman and other members of the Commission would hold office for a

period of one year and the

commission would make its report available to the State Government on expiry of this period.

The spokesman added that the Commission has been constituted in pursuance of the provisions of the article 243 I and 243 Y

of the Constitution of India and

section 213 of the Haryana Panchayati Raj Act , 1994 and rule 3 of the Haryana Finance Commission Rules, 1994.