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SIXTEENTH FINANCE COMMISSION OF INDIA

Gandhiji

Commission Reports

Report of Sixteenth Finance Commission

Reports Submitted to the Sixteenth Finance Commission

Sixteenth Finance Commission

Sr No. Subject Name of Institute /Organisation / Individual Document
1 Study on Power sector Prayas (Energy Group)
2 Studies on Health Sector National Health Systems Resource Centre (NHSRC)
3 A Study of Subsidies and Transfers in India Asian Development Bank (ADB)
4 Analyzing India’s Subnational Fiscal Rules The World Bank
5 Closing the Financing Gap in DRM The World Bank
6 DRM Financing in India Review The World Bank
7 Extreme Weather Events and Their Economic Impact The World Bank
8 Study on Recommendations of State Finance Commissions Indian Institute of Public Administration, New Delhi (IIPA)
9 Summaries of Latest SFC Reports Indian Institute of Public Administration, New Delhi (IIPA)
10 Macroeconomic and Fiscal Policy Simulations Madras School of Economics, Chennai
11 Intergovernmental Transfers and Fiscal Equalisation The World Bank
12 A Study of Off-Budget Borrowings in India The World Bank
13 Study on Municipal Reforms Blueprint Janaagraha
14 Identification and Financing of Urbanisation in India Indian Institute of Human Settlements
15 Devolution to Urban Local Governments - Design Principles Janaagraha
Sr No. Subject Name of Institute Document
1 Andhra Pradesh Centre for Economics and Social Studies (CESS), Hyderabad
2 Arunachal Pradesh Department of Economics Rajiv Gandhi University, Rono Hills Arunachal Pradesh, India
3 Assam Department of Economics Cotton University
4 Bihar Asian Development Research Institute, Patna
5 Chhattisgarh School of Studies in Economics Pt. Ravishankar Shukla University, Raipur
6 Goa Economics Discipline, Goa Business School, Goa
7 Gujarat Gujarat Institute of Development Research Ahmedabad
8 Haryana Management Development Institute, Gurgaon
9 Himachal Pradesh National Academy of Audit and Accounts, Shimla
10 Jharkhand Xavier School of Management (XLRI), Ranchi
11 Karnataka Institute for Social and Economic Change, Bengaluru
12 Kerala Centre for Development Studies, Thiruvananthapuram, Kerala
13 Madhya Pradesh Indian Institute of Management Indore
14 Maharashtra Gokhale Institute of Politics and Economics, Pune
15 Manipur Manipur University
16 Meghalaya Indian Institute of Management Shillong, Shillong, Meghalaya
17 Mizoram Indian Institute of Management Shillong, Shillong, Meghalaya
18 Nagaland Department of Economics Nagaland University
19 Odisha Nabakrushna Choudhury Centre for Development Studies, Bhubaneswar
20 Punjab Indian School of Business, Mohali
21 Rajasthan Centre for Environment & Development studies
22 Sikkim Department of Economics, Sikkim University
23 Tamil Nadu Madras School of Economics
24 Telangana Indian School of Business, Hyderabad
25 Tripura Tripura University,Tripura
26 Uttarakhand Arun Jaitley National Institute of Financial Management (AJNIFM), Faridabad
27 Uttar Pradesh Department of Applied Economics Lucknow University
28 West Bengal Indian Statistical Institute, Delhi

Explanatory Memoranda

Sixteenth Finance Commission

Explanatory Memorandum FC for 2026-2031 (English)
Explanatory Memorandum FC for 2026-2031 (Hindi)

Report of Sixteenth Finance Commission for 2026-2031

Sixteenth Finance Commission

Terms of Reference

Terms of Reference of the Sixteenth Finance Commission

Terms of Reference

Composition

Relevant Data

Relevant Data of the Sixteenth Finance Commission

Sr. No. Title/Description Chapter No. Document
1 State Finances - Key Fiscal Indicators: Aggregate numbers for State finances including tax revenue under broad heads, non tax revenue, revenue and capital expenditure under different services, debt, other liabilities and deficits 5,9 and 12
2 State Finance Accounts - Revenue and Expenditure: Minor head wise revenue and expenditure of States 5,9 and 12
3 Trends in expenditure - Centre: Revenue and Expenditure of Centre under broad heads since 1990-91 7
4 Time series of transfer of resources from Centre to States: Data pertaining to devolution, FC and non FC grants, including non-Plan Grants, Central Assistance for State Plans, Centrally Sponsored Schemes and Central Plan Schemes 2 and 7
5 Horizontal Devolution: Data used for calculation of share of each State out of the share of States in the net proceeds of Union Taxes 8
6 Salary Data 9
7 Sector wise Subsidies and Transfers 14
8 Type wise Subsidies and Transfers 14