ADVISORY COUNCIL OF THE FIFTEENTH FINANCE COMMISSION

May 4, 2019

The Chief Economic Advisor, Government of India, Dr. Krishnamurthy Subramanian had been included as Member of the Advisory Council of the Fifteenth Finance Commission.

About: 

  • Background: In April, 2018 the Fifteenth Finance Commission had constituted an Advisory Council.

  • The role and function of the Council:
    • To advise the Commission on any relevant issue related to the Terms of Reference (ToR) of the Commission.

    • To assist in the preparation of any research study which would enhance the Commission’s understanding on the issue contained in its ToR; and

    • To help in broadening the Commission’s understanding to seek best national and international practices on matters pertaining to fiscal devolution.