-The Hindu Proposals will impact Central Budget and those presented by States for 2020-21, says N.K. Singh The 15th Finance Commission will not alter its approach on solely using the 2011 Census for population figures in its calculations for allocations to States, Chairman N.K. Singh said in an interview. However, he added that other measures would be included that would ensure that States that have performed well by controlling population growth would not...

-The Hindu The 15th Finance Commission has to take a call on the degree of equalisation that’s feasible In the context of the Terms of Reference (ToR) of the 15th Finance Commission (FFC), certain key aspects relate to (a) the mandate for using the 2011 population; (b) ‘whether revenue deficit grants’ be given at all; (c) the impact of the goods and services tax (GST) on the finances of the Centre and...

-PTI The Finance Ministers conclave would push for the 2011 population weightage to remain at 10% Amaravati: Finance ministers of six states, including host Andhra Pradesh, will meet on Monday to discuss the terms of reference of the 15th Finance Commission and its fallout for states. Chief Minister N Chandrababu Naidu will inaugurate the day-long conclave at the Secretariat at 10 am, state Finance Minister Yanamala Ramakrishnudu said in a statement on Sunday. Andhra...

-The Hindu Business Line Because they are wealthier and have a lower population than northern States New Delhi: The southern States are less dependent on transfers from the Centre than many of their northern peers, but a cut in transfers could leave their fiscal situation precariously poised and upset some of their expenditure plans. That is exactly what they fear will happen when the 15th Finance Commission uses the 2011 population data —...

-The Hindu The terms of reference of the 15th Finance Commission raise questions about constitutional propriety It is not without reason that the presidential terms of reference (ToR) of the Fifteenth Finance Commission have raised questions, and the recent conclave of Finance Ministers of the southern States to discuss contentious issues in the ToR is only the beginning. In the months ahead more debate on this is likely. But the line by...