Who has been appointed as the Chairman of the Sixteenth Finance Commission by the Government of India?

Current Affairs January 2024 1 year ago

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Dr. Arvind Panagariya, a former Vice-Chairman of NITI Aayog and Professor at Columbia University has been appointed as the Chairman of the Sixteenth Finance Commission. The commission's responsibilities include the distribution of tax proceeds, principles governing grants-in-aid to States, and recommendations for improving disaster management financing arrangements under the Disaster Management Act, of 2005. The report is expected by October 31, 2025.

Posted on 03 Feb 2024, this text provides information on Current Affairs related to January 2024. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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