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The Fourteenth Finance Commission of India was a finance commission constituted on 2 January 2013. The commission's chairman was former Reserve Bank of India governor Y. V. Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle, and AN Jha. The recommendations of the commission entered force in April 2015; they take ...
Major Recommendations of 14th Finance Commission headed by Prof. Y V Reddy The share of states in the net proceeds of the shareable Central taxes should be 42%. This is 10 percentage points higher than the recommendation of 13th Finance Commission. Revenue deficit to be progressively reduced and eliminated.
Advising the Government on any matter referred to the Commission by the President of India; upsc.gov.in: 32: Pay Commission: Pay Commission is set up by Government of India, and gives its recommendations regarding changes in salary structure of its employees 33 National Commission for Minorities: 1992 Ministry of Minority Affairs 34
He was a Member of an informal international group of prominent persons on International Monetary Reforms. He was also on Advisory Group of eminent persons to advise the finance minister of India on G-20 issues. [10] He was the chairman of the Fourteenth Finance Commission of India since 3 January 2013 and served there till 25 November 2017. [11]
The PMGSY is under the authority of the Ministry of Rural Development and was begun on 25 December 2000. [6] It is fully funded by the central government. During November 2015, following the recommendations of the 14th Finance Commission, the Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, it was announced that the project will be funded by both the central ...
In 2007, then Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, drafted Rajan to write a report proposing the next generation of financial sector reforms in India. [2] The mandate that was given was to take an overall view of the sector in making recommendations, highlighting links between needed reforms, while offering a ...
The 14th Amendment to the Constitution is yet another idea. The Civil-War era amendment includes a line being oft-repeated these days that "the public debt of the United States, authorized by law ...
Implement Tenth Finance Commission recommendation to simplify the tax structures by pooling and sharing all taxes between states and the centre. 81st: Amend article 16. [89] 9 June 2000 Protect SCs and STs reservation in filling backlog of vacancies. 82nd: Amend article 335. [90] 8 September 2000