<h1>Finance Commission Discusses Governance and Financial Challenges with Meghalaya's Urban Local Bodies Under Sixth Schedule Exemption.</h1> The Fifteenth Finance Commission, led by its Chairman, met with representatives of Meghalaya's Urban Local Bodies (ULBs) to discuss governance and financial issues. Meghalaya's ULBs, established under the Meghalaya Municipal Act and Sixth Schedule, are not required to adhere to the 74th Constitutional Amendment, exempting them from mandates like direct elections and reserved seats. The state has six Municipal Boards, but elections are irregular. The boards can levy various taxes and fees, yet their resources are insufficient for development. The Commission promised to consider these issues in its recommendations for Meghalaya.