NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar was Saturday appointed as a part time member of the 16th Finance Commission, a finance ministry statement said. He will hold office from the date of assuming charge until the submission of the commission’s report or Oct 31, 2025, whichever is earlier.Sankar’s appointment…
A majority of states have recommended that the Centre increase their share in tax revenue distribution to 50 per cent, Arvind Panagariya, Chairman of the 16th Finance Commission, said on Wednesday.Currently, states receive 41 per cent of the divisible tax pool, while the remaining 59 per cent is retained by the Centre. Addressing a press…
Arvind Panagariya (File photo) NEW DELHI: India’s aim to emerge as a developed country by 2047 is a ” realisable ambition”, said Arvind Panagariya, chairman of the 16th Finance Commission, while also stressing that the country’s per capita income would need to grow at 7.3% in dollar terms to achieve the threshold of $14,000 over…
Arvind Panagariya on Freebies: अर्थशास्त्री और 16 वें वित्त आयोग के चेयरमैन अरविंद पनगढ़िया ने गुरुवार (9 जनवरी 2025) को कहा कि लोगों को यह तय करना है कि उन्हें मुफ्त की चीजें चाहिए या फिर वे बेहतर सड़कें, अच्छी जल निकासी व्यवस्था और बेहतर जलापूर्ति की सुविधा चाहते हैं. उन्होंने आयोग के प्रतिनिधिमंडल और गोवा…