New Delhi (NVI): The Fifteenth Finance Commission, headed by Chairman N K Singh, today concluded their deliberations on the report for the year 2021-2022 to 2025-2026.
The Report was signed by Singh and Members of the Commission, Ajay Narayan Jha, Prof. Anoop Singh, Dr Ashok Lahiri and Dr Ramesh Chand, according to a statement by Finance Commission.
However, the Commission had sought time to present its report to the President of India and it has now been decided that the report will be submitted on November 9, the statement added.
Furthermore, the Commission will also present a copy of the Report to Prime Minister Narendra Modi later next month.
The Report contains recommendations pertaining to 5 financial years, 2021-22 to 2025-26 and will be tabled in the Parliament by the Union Finance Minister Nirmala Sitharaman along with an Action Taken Report of the Government of India.
The Commission has finalized their Report after wide-ranging consultations with the Union and State Governments, local governments at different tiers, Chairmen and Members of previous Finance Commissions, Advisory Council to the Commission and other domain experts, academic institutions of eminence and multi-lateral institutions.