Table of contents | |
Finance Commission of India | |
Composition of Finance Commission of India | |
Functions of Finance Commission | |
The mandate of the 15th Commission |
The Commission makes recommendations to the president with regard to:
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Article 280 of the Indian Constitution:
The Finance Commission is appointed by the President under Article 280 of the Constitution. As per the provisions contained in the Finance Commission [Miscellaneous Provisions] Act, 1951 and The Finance Commission (Salaries & Allowances) Rules, 1951, the Chairman of the Commission is elected from among persons who have had experience in public affairs, and the four other members are selected from among persons who:
Finance Commission Chairman and Members
Qualifications of Finance Commission Chairman and Members
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Finance Commission
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The Finance Commission makes recommendations to the president of India on the following issues:
Finance Commissions list year-wise are given in the table below:
Apart from setting rules regarding revenue distribution and granting aids to the states, the 15th finance commission has the following mandate/ terms of reference:
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1. What is the composition of the Finance Commission of India? |
2. What are the primary functions of the Finance Commission? |
3. What is the mandate of the 15th Finance Commission? |
4. How often is the Finance Commission constituted in India? |
5. What role does the Finance Commission play in promoting fiscal federalism in India? |
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