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15th Finance panel could set tailored fiscal roadmaps for states

15th Finance panel could set tailored fiscal roadmaps for states

The Fifteenth Finance Commission (FFC), whose composition and terms of reference are expected to be announced by the end of this year, may be tasked with recommending roadmaps for states to meet their debt level targets by the end of the fiscal year 2025. The Commission, like the fourteen before it, will have to recommend ways on devolving the divisible pool between the Centre and states and among the stat GO es.These will be its main terms of reference as mandated by Article 280 of ...