15th Finance Commission finalises report, to submit it to President on Nov 9

| | New Delhi
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15th Finance Commission finalises report, to submit it to President on Nov 9

Saturday, 31 October 2020 | PNS | New Delhi

The 15th Finance Commission will submit its report for fiscal years 2021-22 to 2025-26 to President Ram Nath Kovind on Nov 9, an official statement said on Friday.   The commission under Chairman NK Singh on Friday concluded its deliberations on the report. The report was signed by Singh and members of the commission -- Ajay Narayan Jha, Anoop Singh, Ashok Lahiri and Ramesh Chand. “?The commission had sought time to present its report to the Honourable President of India. It has now been communicated by the office of the president that the report submission will be on Nov 9, 2020,” the statement said. The commission will also present a copy of the report to PM Narendra Modi later next month.  The report, which contains recommendations pertaining to five financial years, 2021-22 to 2025-26, will be tabled in Parliament by the union finance minister along with an action taken report of the Govt of India.  “The commission has finalised report after wide-ranging consultations with the Union and State Govts, local Govts at different tiers, 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 statement added.  

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