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14th Finance Commission News

CEA Arvind Subramanian

03 Jun 2016

CEA hopeful of states containing fiscal deficit at 3% of GSDP

New Delhi: Chief Economic Adviser Arvind Subramanian today expressed hope that states will show "prudence" and contain their fiscal deficit at 3 percent of the GSDP.

06 Apr 2016

Cabinet clears FC recommendations on state govt deficits

The government on Wednesday approved fiscal deficit target of 3 percent for states, as recommended by the 14th Finance Commission for the 2015-20 period.

29 Mar 2016

Nitish Kumar, Sushil Modi cross swords in Assembly over funds, toilets

Bihar Chief Minister Nitish Kumar and BJP leader Sushil Kumar Modi on Tuesday locked horns in the Legislative Council over recommendations of the 14th Finance Commission on devolution of tax revenue and how the target of building toilets will be met.

05 Dec 2014

Govt seeks info on mine cancellation impact on state finances

The Centre has asked states to furnish information on their finances impacted due to recent cancellation of coal block allocations and penalties imposed by the Supreme Court.

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