Home » National » Third Meeting of the Advisory Council of the Fifteenth Finance Commission held
fin

Third Meeting of the Advisory Council of the Fifteenth Finance Commission held

Newdelhi:16/5/19:The third meeting of the Advisory Council of the Fifteenth Finance Commission was held in New Delhi today. It was chaired by Shri N.K. Singh, Chairman, XVFC and attended by Members of the Advisory Council, Members of the Commission Dr. Anoop Singh, Shri Ajay Narayan Jha, Shri Amitabh Kant, CEO, Niti Aayog (Special Invitee), Shri Subhash Chandra Garg, Finance Secretary (Special Invitee), Shri Girish Chandra Murmu, Expenditure Secretary (Special Invitee) and senior officials of the Commission.

In the meeting the Council Members were updated by the Commission on the progress made in terms of State Visits by the Commission, consultations with the RBI, with Bankers and financial institutions, with stakeholders and domain experts. Discussions were also held on the structure of the Commission’s Report and the ToR-wise mapping of the Report. Issues of Public Sector Borrowing Requirement(PSBR), issues concerning GST and its implementation, transparency in publishing accounting data related to debt and deficit, possible trajectories of debt consolidation of the General Government, impact of UDAY on state liability, dynamic interaction between fiscal deficit, inflation, interest rates and private investments were also discussed in detail.

Views of the Members were sought on possible scenario for macro variables like GDP projections and economic outlook during the award period of the Commission i.e.2020-21 to 2024-25. The meeting also analysed a presentation made by Dr. Sajjid Z. Chinoy on Public Sector Borrowing Requirement, in today’s meeting..

Chairman, Shri N. K. Singh announced that there would be three more meetings of the Council, one after the formation of the new government, one after the formal submission of the Memorandum of the Government to the Finance Commission and the last before the final report of the Commission is submitted to the Government.

The Members of the Council who attended the meeting included- Dr. Surjit Bhall, Dr. Arvind Virmani, Dr. M. Govinda Rao, Dr. Indira Rajaraman, Dr. Pinaki Chakraborty, Dr. Prachi Mishra, Dr. Sajjid Z. Chinoy and Dr. Krishnamurthy Subramaniam (CEA).

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Shri-Somanath-Hansdah-CVO1

Somanath Hansdah joins NALCO as CVO

Bhubaneswar, 21ST Aug, 2019: Shri Somanath Hansdah, took charge of Navratna PSU National Aluminium Company Ltd (NALCO) as the Chief Vigilance officer (CVO) ON 19 TH,Auugust,2019:He also holds the additional charge of CVO ...