<h1>16th Finance Commission Team Reviews Odisha's Rs 12.56 Lakh Crore Proposal for Disaster Management and Infrastructure</h1> An eight-member team from the 16th Finance Commission, led by Dr. Arvind Panagariya, commenced a four-day visit to Odisha to engage with state officials and review financial proposals. Odisha's government has requested Rs 12,56,148 crore for the next five years, aiming to enhance disaster management and infrastructure. The commission will advise the Union government on tax allocations to states from April 2026. The team visited cultural sites like the Odisha State Tribal Museum and Kalinga Stadium, appreciating the state's efforts to preserve tribal heritage. Further visits to Dhauli Gram Panchayat, Konark, and Puri are planned.