<h1>Finance Commission Forms Committee to Review Fiscal Consolidation for Government Entities, Define Debt and Deficit, Suggest FY21-FY25 Roadmap.</h1> The Fifteenth Finance Commission has established a committee to review the fiscal consolidation roadmap for the general government. The committee will provide recommendations on defining deficit and debt for the central government, states, and public sector enterprises. It aims to ensure consistency in the definitions of debt and deficit, define contingent liabilities, and suggest a fiscal consolidation roadmap for FY21-FY25. The committee, chaired by the Finance Commission Chairman, includes members from various government departments, state representatives, and external experts. Support will be provided by the National Institute of Public Finance Policy and the Finance Commission Secretariat.