ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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FINANCE COMMISSION-What to Do with Its Report

FINANCE COMMISSION-What to Do with Its Report

What to Do with Its Report ONE issue that prime minister V P Singh and finance minister Dandavate must meet head on and that too immediately is what to do with the Ninth Finance Commission which is due to submit its final report any day. lts term, already extended twice, expires on December 31. The, commission's terms of reference made a radical departure from those of earlier commissions and had roused grave suspicions among state governments of all political hues that they were meant to encroach further upon their due entitlements out of central revenues. The commission's first report had confirmed many of these doubts.

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