Tag Archives: commission:

States should have been consulted before changing Finance Commission Terms of Reference, says Manmohan Singh

At a seminar organised by Kerala Government opposition leaders and economists term new ToRs as an attack on federalism Former Prime Minister Manmohan Singh on Saturday termed as “unilateral” the Centre’s move to change the Terms of Reference of the 15th Finance Commission for creation of a non-lapsable fund for “Defence and Internal Security”. At a day-long seminar on “Additional ... Read More »

A roadmap for 15th Finance Commission

Successive Finance Commissions (FCs) have kept the Indian federation going by judicating between the Centre and the States. As a non-political body above conflicts of interest it is one of the sterling institutions that sustain Indian democracy. But as Plan expenditures were prioritised under planning, the original constitutional mandate, which was to equalise opportunities for every citizen by ensuring uniform ... Read More »

Finance Commission meets Bankers and Financial Institutions in Mumbai

New Delhi: The Chairman, Shri N.K. Singh, Members and Senior Officials of the 15th Finance Commission met a large group of Bankers and Heads of Financial Institutions in Mumbai today. Salient points raised by banks during their meeting with 15th Finance Commission on 9th May 2019. In the context of making the borrowing costs of State Governments aligned to their ... Read More »

Govt proposes to replace UGC with new commission

The new Higher Education Commission of India Act is likely to be tabled in Parliament during the monsoon session. Photo: Mint New Delhi: The Union government on Wednesday unveiled the draft of a bill to replace higher education regulator University Grants Commission (UGC) with a Higher Education Commission. The new commission to be established through an Act will not have grant-making ... Read More »

7th pay commission: Punjab University under severe financial crisis

Punjab University has submitted its report to the HRD Ministry to introduce distance courses to bring in more revenue. Punjab University RELATED STORIES Visa issue behind massive fall in number of Indian students in UK IIMC to begin post-graduate course in Urdu journalism VIT surpasses IIS Bangalore and IITs in terms of research paper publication in 2016 Delhi government to ... Read More »