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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 FifteenthFinanceCommission (FFC),whosecompositionandtermsofreferenceareexpectedtobeannouncedbytheendofthisyear,maybetaskedwithrecommendingroadmapsfor states tomeettheir debt leveltargetsbytheendofthe fiscal year2025. TheCommission,likethefourteenbeforeit,willhavetorecommendwaysondevolvingthedivisiblepoolbetweenthe Centre and states andamongthe stat GO es.ThesewillbeitsmaintermsofreferenceasmandatedbyArticle280of ...