New Delhi, May 8 (IANS) Ashok Kumar Lahiri has taken charge as Vice Chairman of NITI Aayog, the government think tank said on Friday.Lahiri brings extensive experience in economic policy and public finance, having previously served as Chief Economic Adviser to the government and as a member of the 15th Finance Commission.According to NITI Aayog, his experience across academia, public institutions and international organisations will further strengthen its efforts towards evidence-based policymak…
Latest 15th Finance Commission News & Updates
New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country, the government said on Thursday.The Ministry of Micro, Small and Medium Enterprises’ flagship scheme, implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurshi…
New Delhi/Itanagar, May 3 (IANS) Arunachal Pradesh Chief Minister Pema Khandu on Sunday acknowledged the continued support of Prime Minister Narendra Modi and the government of India in strengthening infrastructure development across the state. Inaugurating the newly constructed Arunachal Niwas at Dheerpur in New Delhi, the Chief Minister highlighted that under the recommendations of the 15th Finance Commission, the state has received approximately Rs 4,900 crore, which will be utilised to bridg…
Chikkamagaluru, April 13 (IANS) Karnataka Chief Minister Siddaramaiah on Monday asserted that the government’s welfare schemes are themselves a form of development, and maintained that the state’s financial condition remains better than that of the Centre despite the expenditure on these schemes. He was speaking after inaugurating a bridge across the backwaters of the Bhadra reservoir, connecting Handuru village to Narasimharajapura in Chikkamagaluru district, and launching and laying the…
Chandigarh, April 1 (IANS) Punjab Chief Minister Bhagwant Mann on Wednesday presented a four-year report card of the Rural Development and Panchayat Department as part of the government’s ongoing “Shandaar Char Saal Bhagwant Mann de naal” series, announcing the launch of the state’s first-ever caste socio-economic survey.Positioning rural development as a key pillar of inclusive growth, the Chief Minister outlined major initiatives ranging from the survey to large-scale infrastructure cr…
New Delhi, April 1 (IANS) The Centre, on Wednesday, announced the release of more than Rs 1,536.14 crore to strengthen rural local bodies in Arunachal Pradesh, Goa, Gujarat, Jharkhand, Odisha, Rajasthan, Telangana and Uttarakhand during Financial Year (FY) 2025–26 as part of the 15th Finance Commission’s tied and untied grants. The releases cover regular instalments as well as withheld portions pertaining to various financial years.A sum of Rs 466.79 crore was released for Rajasthan as tied gr…
Jaipur, March 31 (IANS) Chief Minister Bhajan Lal Sharma undertook special efforts to ensure the release of maximum possible funds to the state under various Centrally Sponsored Schemes, to strengthen health services. Under the 15th Finance Commission, Rajasthan has received a total allocation of approximately Rs 4,300 crore over the last five years. Notably, about Rs 2,700 crore of this amount was released in just the last four months, a direct result of the Chief Minister’s persistent eff…
Bagalkot, March 28 (IANS) Former Chief Minister and Bharatiya Janata Party Member of Parliament Basavaraj Bommai on Saturday accused the Siddaramaiah‑led government of mismanaging the state’s economy and showing “arrogance” by not attending a meeting convened by Prime Minister Narendra Modi. Addressing a press conference in Bagalkot, Bommai alleged that the Siddaramaiah government has earned a “bad name” for damaging the financial system. He said the Congress government had pro…
New Delhi, March 27 (IANS) The government’s flagship ‘Beti Bachao Beti Padhao’ (BBBP) scheme has undergone third-party evaluations twice in 2020 and again in 2025 through NITI Aayog, and studies have found its effectiveness as satisfactory, the Lok Sabha was informed on Friday. Minister of State for Women and Child Development Savitri Thakur, in reply to a question, said, “The initiatives under BBBP have established an excellent recall value and transformed from a policy initiative into …
New Delhi, March 25 (IANS) The Centre on Friday announced the release of over Rs 1,142 crore to strengthen rural local bodies in Madhya Pradesh, Jharkhand, Punjab and Mizoram during FY 2025–26 as part of the 15th Finance Commission’s untied grants.For Madhya Pradesh, a sum of Rs 631.91 crore has been released as the second instalment of Untied Grants of FY 2025-26 for 51 eligible district panchayats, 300 block panchayats and 22,933 gram panchayats (GPs). Further, Rs 1.26 crore of withheld po…