Shri N K Singh has been Appointed Chairman of 15th Finance Commission

Shri N K Singh has been Appointed Chairman of 15th Finance Commission

New Delhi 28th November 2017: Shri N K Singh has been appointed as Chairman of the 15th Finance Commission by the Govt. of India. The other members of the commission are former economic affairs secretary Shaktikanta Das, former chief economic advisor Ashok Lahiri, Niti Aayog Member Ramesh Chand and Georgetown University professor Anoop Singh.

The commission will review the current status of the finance, deficit, debt levels, cash balances and fiscal discipline efforts of the Union and the states. It will also recommend a fiscal consolidation road map for sound fiscal management.

As per Article 280 of the Constitution, the commission is required to make recommendations on the distribution of the net proceeds of taxes between the Centre and the states.The new Finance Commission will cover five-year period commencing April 1, 2020.

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