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16th Finance Commission team arrive in Ranchi on four-day visit to Jharkhand

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  Ranchi, May 28 (PTI) A high-level team from the 16th Finance Commission arrived here on Wednesday on a four-day visit, an official said. While most members of the 14-member delegation have reached, the remaining ones are expected to arrive by Thursday morning. The team will hold discussions with the Jharkhand government, including Chief Minister, [ ]

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The 16th Finance Commission team, led by Chairman Arvind Panagariya, arrived in Ranchi for a four-day visit to Jharkhand on June 20, 2024. The purpose of their visit is to assess the state's financial needs and gather inputs for the allocation of central taxes and grants for the period from 2026 to 2031. During their stay, the team will engage with state government officials, local bodies, and other stakeholders to discuss fiscal management, developmental projects, and the state's economic condition. This visit is part of a broader effort to understand the financial requirements of various states to ensure equitable distribution of resources.

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