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16th Finance Commission holds first meeting under Chairmanship of Dr. Arvind Panagariya in New Delhi

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..... 16th Finance Commission holds first meeting under Chairmanship of Dr. Arvind Panagariya in New Delhi
News and Press Release
Dated:- 14-2-2024

The 16th Finance Commission (XVI-FC) held it .....

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..... s first meeting under the Chairmanship of Dr. Arvind Panagariya in Jawahar Vyapar Bhawan, Janpath, New Delhi. The Chairman and Members were welcomed by Secretary, XVI-FC, Shri Ritvik Ranjanam Pandey a .....

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..... nd other officials of the Finance Commission. The XVI-FC discussed its Terms of Reference, as per the order made by the President of India and notified by the Ministry of Finance vide Notification S. .....

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..... O. 5533(E), dated 31st December, 2023. The XVI-FC acknowledged the need for wide ranging consultations with various stakeholders, including State Governments, Local Bodies, Ministries of Government o .....

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..... f India, and experts. The XVI-FC recognised that it will be carrying out detailed analytical work and would require to rope in all the expertise that it can garner, including that from leading resear .....

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..... ch organisations, leading think tanks and other organisations working in the area of fiscal federal relations. The XVI-FC approved the setting-up of its office at Jawahar Vyapar Bhawan on Janpath in .....

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..... New Delhi. The XVI-FC will make its recommendations available by 31st October, 2025, covering an award period of 5 years commencing 1st April, 2026.
News - Press release - PIB .....

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