15Th Finance Commission
- In March 2019, Reserve Bank of India Governor Shaktikanta Das called for giving a permanent status to Finance Commission .
- The 15th Finance Commission was constituted on November 27, 2017 and is headed byN.K. Singh.
- Finance Commission is a constitutional body set up under Article 280 of the Constitution.
- Its primary job is to recommend measures and methods on how revenues should be distributed between Centre and the states.
- It consists of a Chairman and four other members, which are appointed by the President.
- The qualifications of the chairman and members of the commission have been specified under Finance Commission Act, 1951 and ....
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Indian Polity And Governance
- 1 Principle of Natural Justice
- 2 Appointment & Transfer of Judges
- 3 Doctrine of Eminent Domain: State Property, Common Property & Community Property
- 4 Distribution of Legislative Power: What Centre & States can & cannot do?
- 5 Powers of Central Investigation Agencies
- 6 Election Commission: Power, Limitations & Conflicts
- 7 Recusal of Judges
- 8 Speaker vs. Governor: Separation of Powers
- 9 Lokpal & Lokayukta: Powers, Functions & Limitations
- 10 Creation of New States in India
