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  • Finance Ministry releases Rs 9,871 crore to 17 states as grant Aug 10, 2021 08:01 PM IST

    Finance Ministry releases Rs 9,871 crore to 17 states as grant

    The grants are released as per the recommendations of the 15th Finance Commission in monthly instalments to meet the gap in revenue accounts of the states post-devolution.

  • State health spending should be increased by over 8%: 15th Finance Commission Feb 08, 2021 01:59 PM IST

    State health spending should be increased by over 8%: 15th Finance Commission

    The 15th Finance Commission recommended that primary health care should be the number one fundamental commitment for states.

  • Budget 2021: FM Nirmala Sitharaman opens government purse-strings to revive growth Feb 01, 2021 01:17 PM IST

    Budget 2021: FM Nirmala Sitharaman opens government purse-strings to revive growth

    Stating that fighting the COVID-19 pandemic remains the Centre’s biggest priority, Finance Minister Nirmala Sitharaman proposed to set aside Rs 2.46 lakh crore for healthcare, with Rs 35,000 crore earmarked for the coronavirus vaccine programme.

  • Budget 2021: FM Nirmala Sitharaman targets FY22 fiscal deficit at 6.8%, expands budget to provide stimulus Feb 01, 2021 12:31 PM IST

    Budget 2021: FM Nirmala Sitharaman targets FY22 fiscal deficit at 6.8%, expands budget to provide stimulus

    For FY21, the revised fiscal deficit estimate now stands at 9.5 percent of the GDP, from a budgeted estimate of 3.5 percent.

  • Through her public statements, FM Nirmala Sitharaman is preparing markets, rating agencies for an unprecedented budget Dec 22, 2020 04:15 PM IST

    Through her public statements, FM Nirmala Sitharaman is preparing markets, rating agencies for an unprecedented budget

    Finance Minister Nirmala Sitharaman seems to be preparing the markets for a budget with never before seen fiscal slippage and public spending outlay.

  • Need to revisit 7th Schedule, Article 282 of Constitution: NK Singh Dec 11, 2020 06:56 PM IST

    Need to revisit 7th Schedule, Article 282 of Constitution: NK Singh

    Fifteenth Finance Commission (FFC) Chairman NK Singh also said a mechanism needs to be created for constant dialogue between the Centre and states on various issues, to fill a vacuum left by the abolition of the Planning Commission.

  • Centre releases Rs 2,200 crore as first instalment to 15 states for improvement of air quality measures Nov 02, 2020 11:01 PM IST

    Centre releases Rs 2,200 crore as first instalment to 15 states for improvement of air quality measures

    The states, including Andhra Pradesh, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, and Uttar Pradesh among others have been asked to directly transfer the funds to all Million-Plus urban cities within 10 working days of receipt from the Centre

  • From changing growth metrics to revising debt targets, 15th Finance Commission studying all options May 04, 2020 06:13 PM IST

    From changing growth metrics to revising debt targets, 15th Finance Commission studying all options

    On April 24, the economic advisory council of the 15 Fc said that though the magnitude of the impact of the coronavirus outbreak on public finances is still uncertain, it is undoubtedly going to have a telling effect

  • Coronavirus pandemic | Impact on public finances to be significant: Fifteenth Finance Commission Apr 24, 2020 07:33 PM IST

    Coronavirus pandemic | Impact on public finances to be significant: Fifteenth Finance Commission

    It suggested that the projections of real GDP growth made before March 2020 need to be relooked at entirely and revised downward considerably.

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