The Chairman and Members of the 15th Finance Commission today presented a copy of the Commission’s report for the period 2021-22 to 2025-26, to Prime Minister Narendra Modi.
The Chairman of the Commission N K Singh along with Members of the Commission Ajay Narayan Jha, Prof. Anoop Singh, Dr Ashok Lahiri and Dr Ramesh Chand along with Secretary to the Commission Arvind Mehta called on the PM and submitted the report. The Commission had submitted its report to the President of India on November 4, 2020.
The Commission will also present its report titled ‘Finance Commission in Covid Times’ to the Union Finance Minister Nirmala Sitharaman tomorrow.
The Report on the ration of tax bifurcation between states will have an impact on the Centre-State relations in the days to come. The report will be placed in the Parliament along with Action Taken Report (ATR) as prescribed under the Constitution.