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Meeting of the Chairman, Fifteenth Finance Commission  with Governor, RBI, Mumbai December 07, 2017
Thursday, December 7, 2017


The Fifteenth Finance Commission, constituted on 27th of November 2017, held its first meeting on 4th December, 2017 at North Block, New Delhi.The meeting was held under the Chairmanship of Shri N.K. Singh and with all other Members of the Commission Shri Shaktikanta Das and Dr. Anoop Singh, as well as the part time Members Dr. Ashok Lahiri and Dr. Ramesh Chand.

2. The Commission held preliminary discussions on the Terms of Reference for the Fifteenth Finance Commission as per the Order made by the President of India and notified by the Ministry of Finance on 27th November, 2017.

3. The Commission was cognisant that it has been assigned wide-ranging Terms of Reference which needed to be suitably addressed.Towards this objective, it was felt that wide-ranging consultations with all stake holders including various Ministries of the Union Government, all State Governments, Local Bodies, Panchayats and Political parties of each State government needed to be expeditiously initiated.

4. The Commission recognised that there was also need to undertake analytical papers, analysis from leading research organisations within the country and elsewhere to suitably address the Terms of Reference.

5. The Commission was keen to seekacademic inputs andinter-actions with leading Think Tanks and domain knowledge experts which wouldassistthe Commission in its work.

6. The Commission approved the setting up of its office at Jawahar Vyapar Bhawan, Janpath, New Delhi.

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