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Cabinet approves Amendment in the Terms of Reference for the Fifteenth Finance Commission
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....abinet approves Amendment in the Terms of Reference for the Fifteenth Finance Commission <br>News and Press Release<br>Dated:- 17-7-2019<br><BR>Cabinet approves Amendment in the Terms of Reference for....
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.... the Fifteenth Finance Commission Provision to address concerns regarding funds for defence and internal security The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposed ....
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....amendment to enable Fifteenth Finance Commission to address serious concerns regarding the allocation of adequate, secure and non-lapsable funds for defence and internal security of India. The Fiftee....
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....nth Finance Commission has been constituted by the President on 27th November, 2017 in pursuance of clause (1) of article 280 of the Constitution and Finance Commission (Miscellaneous Provisions) Act,....
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.... 1951. In keeping with this requirement, the Fifteenth Finance Commission (XV-FC) has been constituted for giving recommendations for the five years period commencing 1st April, 2020. Under the Terms....
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.... of Reference (ToR) of the Commission, it is proposed to ensure an assured allocation of resources towards defence and internal security imperatives. The amendment provides that Fifteenth Finance Com....
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....mission shall also examine whether a separate mechanism for funding of defence and internal security ought to be set up and if so how such a mechanism could be operationalized. ********** AKT/PK/SH<....
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....BR> News - Press release - PIB....