Fifteenth Finance Commission - Wikipedia Fifteenth Finance Commission Fifteenth Finance Commission Paṃdrahavāṃ Vitta Āyoga State Emblem of India Commission overview Formed November 27, 2017 ; 8 months ago ( 2017 - 11 - 27 ) Preceding Commission Fourteenth Finance Commission Jurisdiction Whole of India Headquarters 15th Finance Commission, Jawahar Vyapar Bhawan, Tolstoy Marg, New Delhi 28 ° 37 ′ 29.8 '' N 77 ° 13 ′ 11.5 '' E ﻿ / ﻿ 28.624944 ° N 77.219861 ° E ﻿ / 28.624944 ; 77.219861 Coordinates : 28 ° 37 ′ 29.8 '' N 77 ° 13 ′ 11.5 '' E ﻿ / ﻿ 28.624944 ° N 77.219861 ° E ﻿ / 28.624944 ; 77.219861 Minister responsible Arun Jaitley, Minister of Finance Deputy Ministers responsible Shiv Pratap Shukla, Minister of State for Finance Pon Radhakrishnan, Minister of State for Finance Commission executives N.K. Singh, IAS, Chairman Shaktikanta Das, IAS, Member Prof. Anoop Singh, Member Ashok Lahiri, Member Prof. Ramesh Chand, Member ( part - time ) Arvind Mehta, IAS, Secretary Parent department Department of Economic Affairs, Ministry of Finance, Government of India Key documents The Constitution of India ( Article 280 ) The Finance Commission ( Miscellaneous Provisions ) Act, 1951 ( Act no. 33 of 1951 ) S.O. 3755 ( E ) ( notification of formation of the commission ) Website Official website The Fifteenth Finance Commission of India ( XV - FC ; IAST : Paṃdrahavāṃ Bhāratīya Vitta Āyoga ) is an Indian Finance Commission constituted in November 2017 and is to give recommendations for devolution of taxes and. other fiscal matters for five fiscal years, commencing on 1 April 2020. The commission 's chairman is N.K. Singh, with its full - time members being Shaktikanta Das, Ashok Lahiri and Anoop Singh. In addition, the commission also has a part - time member in Ramesh Chand. Contents 1 Constitution 1.1 Members 2 Aims 3 Demands 4 Working 4.1 Advisory bodies 4.1. 1 Advisory council 4.1. 2 High - level group 5 Criticism 5.1 Devolution of taxes to certain states 5.2 Classification of Delhi 5.3 Others 6 References 7 External links Constitution The Fifteenth Finance Commission was constituted by the Government of India -- after getting ceremonial approval from the President of India -- through a notification in The Gazette of India. Nand Kishore Singh was appointed as the commission 's chairman, with its full - time members being Shaktikanta Das and Anoop Singh and its part - time members being Ramesh Chand and Ashok Lahiri. The commission held its first meeting on 4 December 2017. Lahiri was elevated to the status of a full - time member in May 2018 and was accorded the status of a minister of state. Members Profile of members of the Fifteenth Finance Commission hide S. no. Name Portrait Designation Background in finance Nand Kishore Singh Chairman Retired Indian Administrative Service ( IAS ) officer. Served as the Union Revenue Secretary, Union Economic Affairs Secretary and Union Expenditure Secretary. Also served as a member of the erstwhile Planning Commission. Post-retirement, served a member of parliament in the Rajya Sabha ( Council of States ) for the state of Bihar. He has been a senior member of the Bharatiya Janata Party ( BJP ) since March 2014. Shaktikanta Das Member Retired IAS officer. Served as the Union Economic Affairs Secretary, and as the Union Revenue Secretary. Also served as Special Commissioner ( Revenue ) and Secretary ( Revenue ) in the state of Tamil Nadu. Prof. ( Dr. ) Anoop Singh An adjunct professor at Georgetown University, Washington, D.C. Also served as the International Monetary Fund 's director its Regional Office of Asia and the Pacific ( OAP ). Dr. Ashok Lahiri Former Chief Economic Adviser to the Government of India, also served as the chairperson of Bandhan Bank. 5 Prof. ( Dr. ) Ramesh Chand Member ( part - time ) A member of the NITI Aayog, a fellow of National Academy of Agricultural Sciences and Indian Society of Agricultural Economics. Also served as the director of the National Institute of Agricultural Economics and Policy Research ( ICAR - NIAP ). Notes Jump up ^ Das acted as the chairman of the commission in absence of Singh. Jump up ^ Lahiri served as a part - time of the commission from November 2017 to May 2018, before being elevated to the status of a full - time member. Aims The commission was set up to give recommendations for devolution of taxes and. other fiscal matters for five fiscal years, commencing on 1 April 2020. The main tasks of the commission were to `` strengthen cooperative federalism, improve the quality of public spending and help protect fiscal stability ''. Some newspapers like The Hindu and The Economic Times noted that commission 's job was made harder because of the rollout of goods and service tax ( GST ) regime in India, as, it had taken certain powers concerning taxation away from the Union and the states, and, had given them to the newly formed GST Council. The Economic and Political Weekly further noted that even after the passage of the Fiscal Responsibility and Budget Management Act, 2003, some states still incur revenue deficits, so, the commission would have to either recommend the disbandment of revenue deficit grants, or, would have to recommend ways for further fiscal consolidation. The commission 's chairman, N.K. Singh, said that the commission would need to define populism, as, the commission 's ' terms of reference ' ( ToR ) had a provision for rewarding states, which were successful in eliminating or reducing expenditure incurred on populist schemes. Singh added that the commission would need to reappraise the formula of devolution of revenue through the Union 's taxes, because of a provision in its ToR. Singh further said -- in a lecture to Indian Institute of Management Ahmedabad students -- that the commission 's challenges was to find a balance between equity and efficiency, adding that urban and rural local bodies -- the constitutionally - mandated third - tier of government in India -- needed to be further empowered to stimulate added economic growth. The Chief Economic Adviser to the Government of India, Arvind Subramanian, said that the commission may need to function like the first finance commission because of an increased decentralisation and change in India ; further suggesting to divide the tax devolution system into four pots -- `` return '', `` redistribution '', `` risk sharing '' and `` reward '', while also saying that tax devolution was no more a north - south issue. However, Subramanian 's ideas were opposed by Pinaki Chakraborty, a professor at the National Institute of Public Finance and Policy ( NIPFP ) and a member of the Fifteenth Finance Commission 's advisory council, who said that having a division of tax devolution into four pots would violate `` the objective of offsetting revenue disabilities. '' Demands At its first interaction with members of parliament ( MPs ), the commission was asked by some MPs to recommend a plan on compensating states which suffered revenue losses after the rollout of GST. Some parliamentarians also asked the commission to reassess the criteria of classifying a state as ' backward '. The president of Nationalist Congress Party ( NCP ), Sharad Pawar, suggested the commission to create a financial buffer against oil prices. Whereas, the chief minister of Bihar and Janata Dal ( United ) ( JD ( U ) ) president and convener, Nitish Kumar -- in a letter to the commission 's chairman, N.K. Singh -- asked the commission to revisit the criterion of the target of a maximum 3 % fiscal deficit under the Fiscal Responsibility and Budget Management Act, 2003, calling it `` iniquitous ''. Singh added, that the state was still waiting for special financial allocations promised to it under the Bihar Reorganisation Act, 2000. The commission -- on its visit to the state -- was asked by the Government of West Bengal to look into restructuring the state 's debt, so that it does n't become a `` a permanent drag on the economy of Bengal '' ; the state 's chief minister and All India Trinamool Congress ( AITC ) chairperson, convener and president, Mamata Banerjee, said in a press conference, that `` we expect that Finance Commission will consider our demand for debt restructuring or waiver... ''. West Bengal government further suggested an alternative devolution formula based on factors like social backwardness, locational complexities and continuation of revenue deficits to the commission. The commission was asked by several state governments to increase states ' share in union 's tax devolution from the existing 42 % to 50 %. Whereas, the Government of India asked the commission to review a 10 % hike from 32 % to 42 % in tax devolution given to states by the Fourteenth Finance Commission, with Union Minister of Finance, Arun Jaitley, saying that `` India is a Union of states, the Union also has to survive ''. Working A meeting of the Fifteenth Finance Commission, attended by its chairperson, members, secretary and other staffers The commission visited several states, and held meetings with senior political and non-political state government officials of different states ; most states also generally submitted a memorandum to the commission outlining their needs and demands to the panel. It also met with representatives of the industry whilst visiting states and union territories. Das acted as chairman of the commission in state visits without Singh. The commission further met with the representatives of various federal government agencies, including the vice-chairman and chief executive officer ( CEO ) of its quasi-autonomous policy think - tank, the NITI Aayog, Rajiv Kumar and Amitabh Kant respectively. The commission was headquartered in New Delhi at Jawahar Vyapar Bhawan on Tolstoy Marg and its offices were provided security cover by the Central Industrial Security Force ( CISF ). Advisory bodies Advisory Council The commission constituted an advisory council `` to advise it on matters related to its terms of reference ''. The council consisted of president of Forum for Strategic Initiatives and a former Chief Economic Adviser to the Government of India, Arvind Virmani ; Oxus Research and Investments chairman and a part - time member of the Prime Minister 's Economic Advisory Council, Surjit Bhattal ; a former deputy director in the IMF, Sanjeev Gupta ; a professor at the National Institute of Public Finance and Policy, Pinaki Chakraborty ; JP Morgan chief India economist, Sajjid Chinoy ; and a managing director and India economist and strategist at Credit Suisse, Neelkanth Mishra. High - level Group High - level advisory group on health - related issues Naresh Trehan Devi Shetty K. Srinath Reddy Further, the commission also constituted a high - level group to inter alia advise it on `` ways and means to optimize the use of existing financial resources and to incentivize the state governments ' effort on fulfillment of well - defined health parameters in India ''. The group comprised All India Institute of Medical Sciences, Delhi director, Randeep Guleria as its convener and Narayana Health City chairman, Devi Shetty ; Maharashtra University of Health Sciences vice-chancellor, Deelip Govind Mhaisekar ; chairman, managing director and chief cardiac surgeon of Medanta Health City, Naresh Trehan ; professor and head of department of cardiothoracic surgery at R.G. Kar Medical College and Hospital, Bhabatosh Biswas ; and president of Public Health Foundation of India, K. Srinath Reddy as its members. Criticism Devolution of taxes to certain states Finance minister of Kerala and CPI ( M ) politician, T.M. Thomas Isaac was a major opponent of the Fifteenth Finance Commission 's terms of reference Politicians -- including chief ministers and finance ministers -- ; retired civil servants ; judges ; and economists from South Indian states opposed the commission 's ' terms of reference ' ( ToR ), as, it used the data of 2011 census, instead of the data of 1971 census, as previous commissions had. Politicians from the south believed that this would dilute the share of South India in the pool of Union 's tax revenue, because of its shrinking population vis - à - vis the north since 1971. Communist Party of India ( Marxist ) ( CPI ( M ) ) central committee member and Kerala finance minister, T.M. Thomas Issac, proposed a meeting of finance ministers of the ten states and union territories to discuss the commission 's ToR. In response, Subhash Chandra Garg, the Union Economic Affairs Secretary, said that the terms of reference were balanced and were `` not one way or the other '', adding that according to the second provision of the ToR, states with a good total fertility rate -- especially, the ones which had reached the replacement rate ( 2.1 children per woman ) -- would be incentivised. Garg 's views were reiterated by the nation 's finance minister and Bharatiya Janata Party ( BJP ) Rajya Sabha leader, Arun Jaitley, who -- in a Facebook post -- said that the row over the commission 's terms of reference was `` needless '' and could n't have been `` further from the truth ''. Prime minister and BJP Lok Sabha leader, Narendra Modi, said that some vested interests were behind the allegations that the commission 's terms of reference being biased against certain states and union territories and called such allegations `` baseless ''. Finance ministers of the states of Karnataka, Kerala and Andhra Pradesh and the finance minister of the Union Territory of Puducherry met at a conclave in Kerala 's capital, Thiruvananthapuram, in April 2018 and collectively denounced the commission 's terms of reference, calling them to be in contradiction with the principles of federalism. Five state and two union territory finance ministers met in Andhra Pradesh 's capital, Amaravati, and drafted a memorandum to the president, Ram Nath Kovind, seeking changes in the commission 's terms of reference. The group of finance ministers eventually met the president on 17 May 2018. In July 2018, the vice president, Venkaiah Naidu -- in his capacity as the chairman of Rajya Sabha -- asked the commission 's chairman, N.K. Singh, if certain states would be penalised with the use of 2011 census and was ensured by Singh that performing and progressive states would not be penalised by the commission. Classification of Delhi Aam Aadmi Party ( AAP ) convener and the chief minister of Delhi, Arvind Kejriwal, criticised the commission for treating the National Capital Territory of Delhi neither as a state nor as a union territory ( UT ), saying that the Delhi government deserved a ₹ 52,000 crore ( US $7.6 billion ) grant from the Union government if it qualified as a UT in the commission 's eyes, else it deserved more devolution of Union government 's tax revenue as a state. Kejriwal added that the Government of Delhi would move the Supreme Court of India on the matter. AAP national executive and political affairs committee member and Delhi deputy chief minister and finance minister, Manish Sisodia said that the terms of reference of the commission were `` unfair '' ; Sisodia was a part of the group of finance ministers who met with the president. In addition, AAP national joint secretary, Akshay Marathe said -- citing Central Board of Direct Taxes figures -- that the city / union territory of Delhi contributed as much as ₹ 1.08 lakh crore ( US $16 billion ) -- or 13 % -- of the nation 's direct tax revenue and got around ₹ 325 crore ( US $47 million ) from the Government of India in return. Others Jammu and Kashmir finance minister, economist and Peoples Democratic Party ( PDP ) member, Haseeb Drabu, said, in an editorial in Livemint commented that the commission 's ToR were outdated, and needed to be redrafted `` to make the 15th Finance Commission a ' second generation ' commission ''. References ^ Jump up to : `` S.O. 3755 ( E ). -- The following order made by the President is to be published for general information : -- ORDER '' ( PDF ). The Gazette of India. New Delhi : Department of Economic Affairs, Government of India. November 27, 2017. ISSN 0254 - 6779. OCLC 1752771. Retrieved January 20, 2018. ^ Jump up to : `` Constitution of Fifteenth Finance Commission Notified ''. Press Information Bureau of India. November 27, 2018. Retrieved January 20, 2018. Jump up ^ `` N.K. Singh heads 15th Finance Commission, Shaktikanta Das a member ''. Business Standard. New Delhi. November 27, 2017. Retrieved January 15, 2018. Jump up ^ `` NK Singh appointed Chairman of 15th Finance Commission ''. Business Line. New Delhi : The Hindu Group. November 27, 2017. Retrieved January 15, 2018. Jump up ^ `` N.K. Singh appointed chairman of 15th Finance Commission ''. Livemint. New Delhi : HT Media Ltd. November 27, 2017. Retrieved January 15, 2018. Jump up ^ `` Former Planning Commission Member NK Singh Appointed 15th Finance Commission Chairman ''. NDTV. New Delhi. November 28, 2017. Retrieved January 15, 2018. Jump up ^ `` First Meeting of the Fifteenth Finance Commission, North Block, New Delhi ''. Finance Commission of India. December 4, 2017. Retrieved January 20, 2018. Jump up ^ Mishra, Asit Ranjan. `` 15th Finance Commission to hold first meeting today ''. Livemint. New Delhi : HT Media Ltd. Retrieved January 20, 2018. Jump up ^ Surabhi ( December 4, 2017 ). `` 15th Finance Commission holds first meeting ''. Business Line. New Delhi : The Hindu Group. Retrieved January 20, 2018. CS1 maint : Uses authors parameter ( link ) Jump up ^ `` 15th Finance Commission holds first meeting, seeks academic inputs from leading think - tanks - Firstpost ''. Firstpost. New Delhi. Press Trust of India. December 4, 2017. Retrieved March 31, 2018. ^ Jump up to : `` Ashok Lahiri appointed full - time member of 15th Finance Commission ''. Business Standard. New Delhi : Business Standard Ltd. Press Trust of India. May 3, 2018. OCLC 496280002. Retrieved July 31, 2018. Jump up ^ Nagpal, Deepak ( March 23, 2014 ). `` Elections 2014 : MJ Akbar, NK Singh join BJP ''. Zee News. New Delhi : Zee Media Corporation Limited. Retrieved April 3, 2018. ^ Jump up to : Singh, Bikash ( April 6, 2018 ). `` Finance Commission has nothing to do with fixing terms of reference : Shaktikanta Das ''. The Economic Times. Itanagar : The Times Group. OCLC 61311680. Retrieved August 1, 2018. Jump up ^ Sinha, Shishir ( June 14, 2014 ). `` Shaktikanta Das appointed as Revenue Secretary ''. Business Line. New Delhi : The Hindu Group. ISSN 0971 - 7528. OCLC 456162874. Retrieved January 15, 2018. Jump up ^ `` Das is new economic affairs secy, Hasmukh Adhia revenue secretary ''. The Indian Express. New Delhi. Express News Service. August 29, 2015. OCLC 70274541. Retrieved January 15, 2018. Jump up ^ `` Shaktikanta Das - Executive Record Sheet ''. Department of Personnel and Training, Government of India. Retrieved January 15, 2018. Jump up ^ Vikraman, Shaji ( November 2, 2017 ). `` Finance Commission 's changing roles, challenges over the years ''. The Indian Express. OCLC 70274541. Retrieved March 30, 2018. Jump up ^ `` The tasks for the 15th Finance Commission ''. Livemint. HT Media Ltd. December 6, 2017. Retrieved January 20, 2018. Jump up ^ Chandrasekhar, K.M. ( October 30, 2017 ). `` Agenda for 15th Finance Commission ''. Business Standard. OCLC 496280002. Retrieved March 26, 2018. ( Subscription required ( help ) ). Jump up ^ `` New India formula ? -- on the 15th Finance Commission ''. The Hindu. Editorial. December 6, 2017. ISSN 0971 - 751X. OCLC 13119119. Retrieved March 26, 2018. Jump up ^ Srinivas, V. ( January 4, 2018 ). `` The challenges before 15th Finance Commission are many ''. The Economic Times. Indo - Asian News Service. OCLC 61311680. Retrieved March 26, 2018. Jump up ^ Bhaskar, V. ( March 10, 2017 ). `` Challenges before the Fifteenth Finance Commission ''. Economic and Political Weekly. 53 ( 10 ). ISSN 0012 - 9976. LCCN sa67002009. OCLC 46735231. Jump up ^ Vikraman, Shaji ( December 8, 2017 ). `` On ' populist steps ', tricky mandate for new Finance Commission ''. The Indian Express. OCLC 70274541. Retrieved March 30, 2018. Jump up ^ `` Now, Finance Commission to define what constitutes ' populism ' ''. The New Indian Express. New Delhi. Express News Service. March 1, 2018. OCLC 243883379. Retrieved 2018 - 03 - 27. Jump up ^ `` 15th Finance Commission will need to define ' populism ', says chairman ''. Business Standard. New Delhi. Press Trust of India. February 28, 2018. OCLC 496280002. Retrieved March 27, 2018. Jump up ^ `` 15th Finance Commission will need to define populism : Chairman NK Singh ''. The Economic Times. New Delhi. Indo - Asian News Service. February 28, 2018. OCLC 61311680. Retrieved March 27, 2018. Jump up ^ `` 15th finance commission to review tax devolution formula ''. Livemint. New Delhi : HT Media Ltd. A staff writer. March 1, 2018. Retrieved March 27, 2018. Jump up ^ `` Tax devolution to States remains challenge for 15th Finance Commission, too ''. Business Line. The Hindu Group. Our Bureau. February 28, 2018. ISSN 0971 - 7528. OCLC 456162874. Retrieved March 27, 2018. Jump up ^ `` Finance Commission to study use of cess as a revenue raising tool ''. The Indian Express. New Delhi. ENS Economic Bureau. March 1, 2018. OCLC 70274541. Retrieved March 27, 2018. Jump up ^ `` ' Fiscal challenges include balancing equity with efficiency ' ''. The Times of India. Ahmedabad : Bennett, Coleman & Co. Ltd. Times News Network. July 23, 2018. OCLC 23379369. Retrieved July 31, 2018. Jump up ^ `` ' For growth, local bodies need to be empowered ' ''. The Indian Express. Ahmedabad : Indian Express Group. Express News Service. July 23, 2018. OCLC 70274541. Retrieved July 31, 2018. ^ Jump up to : Subramanian, Arvind ( July 23, 2018 ). `` Arvind Subramanian : If this were the First Finance Commission ! ''. Business Standard. Business Standard Ltd. OCLC 496280002. Retrieved August 21, 2018. ^ Jump up to : `` Tax contribution, sharing no more a north - south issue : Arvind Subramanian ''. Business Standard. New Delhi : Business Standard Ltd. July 20, 2018. OCLC 496280002. Retrieved August 21, 2018. ^ Jump up to : `` 15th Finance Commission may need to work like it 's the first : Subramanian ''. Business Standard. B.S. Web Team. Mumbai : Business Standard Ltd. July 21, 2018. OCLC 496280002. Retrieved August 21, 2018. Jump up ^ Chakraborty, Pinaki ( August 14, 2018 ). `` Finance Commission Transfers : The Subramanian formula is flawed ''. The Financial Express. New Delhi. OCLC 30000665. Retrieved August 21, 2018. Jump up ^ `` 15th Finance Commission initiates consulltations ( sic ) meets MPs ''. Business Standard. New Delhi. Press Trust of India. March 14, 2018. OCLC 496280002. Retrieved March 28, 2018. Jump up ^ `` Bring roadmap for GST compensation to states, MPs urge Finance Commission ''. Business Standard. New Delhi. Indo - Asian News Service. March 14, 2018. OCLC 496280002. Retrieved March 27, 2018. Jump up ^ `` Revisit criteria of backward states, MPs tell finance panel ''. The Tribune. New Delhi. Tribune News Service. March 14, 2018. Retrieved March 28, 2018. Jump up ^ `` MPs suggest relook at processes, methods of looking backwardness of a State ''. United News of India. New Delhi. United News of India. March 14, 2018. Retrieved March 28, 2018. ^ Jump up to : Hebbar, Nistula ; Phukan, Sandeep ( April 1, 2018 ). `` 15th Finance Commission gets long wish list ''. The Hindu. New Delhi : The Hindu Group. ISSN 0971 - 751X. OCLC 13119119. Retrieved April 3, 2018. ^ Jump up to : `` Finance Commission takes note of Bengal 's debt restructure demand ''. Millenium Post. Team MP. Kolkata. July 17, 2018. Retrieved July 31, 2018. ^ Jump up to : `` Taken serious note of West Bengal 's debt overhang : 15th Finance Commission ''. The Financial Express. Kolkata. Press Trust of India. July 17, 2018. OCLC 30000665. Retrieved July 31, 2018. Jump up ^ `` Bengal suggests alternative devolution formula to Finance Commission ''. Business Standard. Kolkata : Business Standard Ltd. Indo - Asian News Service. July 18, 2018. OCLC 496280002. Retrieved July 31, 2018. ^ Jump up to : `` 15th Finance Commission not against states : Mr NK Singh ''. Deccan Chronicle. Thiruvananthapuram. May 30, 2018. Retrieved August 1, 2018. Jump up ^ `` Gujarat asks FinComm to hike state share in central tax pool to over 50 % ''. Business Standard. New Delhi : Business Standard Ltd. Press Trust of India. July 23, 2018. OCLC 496280002. Retrieved July 31, 2018. ^ Jump up to : Mishra, Asit Ranjan ( July 30, 2018 ). `` Gujarat opposes Modi government 's proposal to reduce states ' share of central taxes ''. Livemint. Retrieved August 21, 2018. ^ Jump up to : `` 15th finance panel to review 42 % allocation to states ''. The Times of India. New Delhi : Bennett, Coleman & Co. Ltd. Times News Network. November 28, 2018. OCLC 23379369. Retrieved August 18, 2018. Jump up ^ `` Increase in share of central taxes to states to be reviewed ''. Deccan Chronicle. New Delhi. Deccan Chronicle. February 24, 2018. Retrieved August 18, 2018. Jump up ^ `` Cabinet approves setting up of 15th Finance Commission ''. The Economic Times. New Delhi : The Times Group. ET Bureau. November 23, 2018. OCLC 61311680. Retrieved August 18, 2018. ^ Jump up to : `` Do n't worry, Tamil Nadu will get due attention, says Fifteenth Finance Commission panel chairman NK Singh ''. The New Indian Express. Chennai. Express News Service. April 20, 2018. OCLC 243883379. Retrieved August 1, 2018. Jump up ^ `` Biz bigwigs seek better road links, power supply ''. The Telegraph. Our Correspondent. Ranchi. August 4, 2018. OCLC 271717941. Retrieved August 20, 2018. Jump up ^ `` 15th Finance Commission Chairman holds productive meeting with NITI Aayog Chairman ( sic ) & CEO ''. DD News. Prasar Bharti. July 28, 2018. Retrieved August 20, 2018. Jump up ^ `` CISF takes over security of 15th Finance Commission office ''. Business Standard. New Delhi : Business Standard Ltd. Indo - Asian News Service. August 8, 2018. OCLC 496280002. Retrieved August 21, 2018. Jump up ^ `` CISF takes over security of 15th Finance Commission Office ''. United News of India. United News of India. August 8, 2018. Retrieved August 21, 2018. ^ Jump up to : Pushkarna, Vijaya ( May 9, 2018 ). `` Centre sets up Advisory Council to assist Finance Commission ''. The Week. Jacob Matthew. Retrieved July 31, 2018. ^ Jump up to : `` Fifteenth Finance Commission constitutes an Advisory Council to advise on the matters related to its Terms of Reference ''. Business Standard. Business Standard Ltd. Capital Market. May 11, 2018. OCLC 496280002. Retrieved July 31, 2018. ^ Jump up to : `` Finance Commission sets up experts panel for advise on its ToR ''. Business Line. New Delhi : The Hindu Group. Press Trust of India. May 9, 2018. ISSN 0971 - 7528. OCLC 456162874. Retrieved July 31, 2018. ^ Jump up to : `` Fifteenth Finance Commission constitutes a High Level Group to examine the strengths and weaknesses for enabling balanced expansion of Health Sector ''. Press Information Bureau, Government of India. May 24, 2018. Retrieved July 31, 2018. ^ Jump up to : `` Finance Commission constitutes HLG to examine strengths, weaknesses of Health Sector ''. United News of India. United News of India. May 24, 2018. Retrieved July 31, 2018. Jump up ^ Nair, Sobhana K. ( March 30, 2018 ). `` ' Finance panel 's terms of reference undemocratic ', says Kerala Finance Minister ''. The Hindu. New Delhi. ISSN 0971 - 751X. OCLC 13119119. Retrieved March 31, 2018. Jump up ^ Isaac, T.M. Thomas ( March 26, 2018 ). `` All Southern States Would Be The Biggest Losers Under The New Finance Commission That Distributes Tax Revenue ''. Outlook. Retrieved March 27, 2018. Jump up ^ Dwarakanath, Nagarjun ( March 23, 2018 ). `` CM Siddaramaiah slams Modi govt over fund allocation to southern states under 15th Finance Commission ''. India Today. Bengaluru. ISSN 0254 - 8399. Retrieved March 26, 2018. Jump up ^ `` 15th Finance Commission unfair to Southern States : Andhra Pradesh Finance Minister Yanamala Ramakrishnudu ''. The New Indian Express. Vijayawada : Express Publications. Express News Service. April 2, 2018. OCLC 243883379. Retrieved April 3, 2018. Jump up ^ `` Call for southern States to unite ''. The Hindu. Hyderabad. Special Correspondent. March 27, 2018. ISSN 0971 - 751X. OCLC 13119119. Retrieved March 27, 2018. Jump up ^ Majumder, Soumyajit, ed. ( March 28, 2018 ). `` Why Punish Us For Controlling Population, Enraged Southern States Ask ''. NDTV. New Delhi. Retrieved March 30, 2018. Jump up ^ `` Southern states unite against Centre on fund allocation disparity ''. The Week. Web Desk. March 23, 2018. Retrieved March 26, 2018. Jump up ^ Sreevatsan, Ajai ( March 30, 2018 ). `` Why South Indian states are objecting to Finance Commission 's mandate ''. Livemint. New Delhi : HT Media Ltd. Retrieved March 31, 2018. Jump up ^ Venkatraman, Janane ( March 29, 2018 ). `` The Hindu explains : why the 15th Finance Commission has some States riled ''. The Hindu. ISSN 0971 - 751X. OCLC 13119119. Retrieved March 31, 2018. Jump up ^ Balakrishnan, Deepa ; Khanna, Sakshi ; Murali, Poornima ( March 23, 2018 ). `` Centre 's Tax Allocation Disparity Unites South Against the North ''. News18. Bengaluru. Retrieved March 26, 2018. Jump up ^ Nageshwar, K. ( March 23, 2018 ). `` North - South tussle over 15th Finance Commission, govt should seek measures to bridge gap, not widen it ''. Firstpost. Retrieved March 26, 2018. Jump up ^ Koshy, Sneha Mary ( March 23, 2018 ). `` Southern States Oppose New Yardstick In 15th Finance Commission ''. NDTV. Thiruvanathapuram. Retrieved March 26, 2018. Jump up ^ Mehta, Pratap Bhanu ( March 30, 2018 ). `` A southern discontent ''. The Indian Express. OCLC 70274541. Retrieved March 30, 2018. Jump up ^ Ramakrishnan, T. ( March 28, 2018 ). `` T.N. yet to decide on FMs ' meet ''. The Hindu. ISSN 0971 - 751X. OCLC 13119119. Retrieved March 30, 2018. Jump up ^ `` Devolution of taxes : It 's north vs south ''. The Economic Times. ET Now. March 27, 2018. OCLC 61311680. Retrieved March 30, 2018. Jump up ^ `` Modi Government trying to curtail independent functioning of states : Finance Minister Thomas Isaac ''. The New Indian Express. Kochi. Express News Service. March 25, 2018. OCLC 243883379. Retrieved March 29, 2018. Jump up ^ Suresh, Haripriya ( March 26, 2018 ). `` Centre justifies use of 2011 census for funds allocation, responds to south discontent ''. The News Minute. Retrieved March 26, 2018. Jump up ^ `` 15th Finance Commission is very balanced : Garg ''. Business Line. The Hindu Group. Our Bureau. March 26, 2018. ISSN 0971 - 7528. OCLC 456162874. Retrieved March 26, 2018. Jump up ^ Dhasmana, Indivjal ( March 1, 2018 ). `` Does Finance Commission ToR hurt interest of South India : DMK fears allayed ''. Business Standard. New Delhi. OCLC 496280002. Retrieved March 27, 2018. Jump up ^ `` 15th Finance Commission : Needless row over terms of reference, says Jaitley ''. The Hindu. Special Correspondent. New Delhi : N. Ram. April 10, 2018. ISSN 0971 - 751X. OCLC 13119119. Retrieved August 1, 2018. Jump up ^ `` Controversy over 15th Finance Commission is ' needless ', asserts Jaitley ''. Business Standard. New Delhi : Business Standard Ltd. Asian News International. April 11, 2018. OCLC 496280002. Retrieved August 1, 2018. Jump up ^ `` Divided we fall : on the 15th Finance Commission ''. The Hindu. N. Ram. April 14, 2018. ISSN 0971 - 751X. OCLC 13119119. Retrieved August 1, 2018. Jump up ^ Babu, Gireesh ( April 12, 2018 ). `` Modi rejects allegations of southern states over 15th Finance Commission ''. Business Standard. Chennai : Business Standard Ltd. OCLC 496280002. Retrieved August 18, 2018. Jump up ^ `` ' Terms Of Reference ' Of 15th Finance Commission Against Progressive States ''. Bloomberg Quint. Press Trust of India. April 10, 2018. Retrieved August 1, 2018. Jump up ^ `` Four southern govts say terms of reference of 15th Finance Commission unfair : Meet brings back North versus South debate ''. Firstpost. FP Staff. Network 18. April 11, 2018. Retrieved August 1, 2018. Jump up ^ `` Census choice : Non-BJP state Finance Ministers against 15th Finance Commission terms ''. The Financial Express. FE Bureau. Amaravati. May 8, 2018. OCLC 30000665. Retrieved August 1, 2018. Jump up ^ Roychoudhury, Arup ( May 14, 2018 ). `` 15th Finance Commission : Where Centre and states stand ''. Business Standard. Business Standard Ltd. OCLC 496280002. Retrieved August 1, 2018. ^ Jump up to : `` ToR of 15th Finance Commission : Ministers of five states meet President Ram Nath Kovind, urge amendment to terms ''. Firstpost. New Delhi : Network 18. Indo - Asian News Service. May 17, 2018. Retrieved August 1, 2018. Jump up ^ `` Performing states not to be penalised by 15th Finance Commission : Naidu ''. The Economic Times. The Times Group. Press Trust of India. July 18, 2018. OCLC 61311680. Retrieved August 1, 2018. ^ Jump up to : `` Will move court for more funds from Centre : Kejriwal ''. The Hindu. Staff Reporter. New Delhi : The Hindu Group. April 5, 2018. ISSN 0971 - 751X. OCLC 13119119. Retrieved April 5, 2018. ^ Jump up to : `` Will move court for ' due share ' in central taxes revenue, says CM Arvind Kejriwal ''. The Financial Express. Indian Express Group. Press Trust of India. April 5, 2018. OCLC 30000665. Retrieved April 5, 2018. ^ Jump up to : `` AAP govt to move SC for Delhi 's share in revenue distribution from Centre ''. The Statesman. New Delhi : The Statesman Ltd. Statesman News Service. April 5, 2018. OCLC 1772961. Retrieved April 5, 2018. Jump up ^ `` Sisodia to meet Prez over ' unfair ' reference terms of 15th Finance Commission ''. Business Standard. New Delhi : Business Standard Ltd. Press Trust of India. May 17, 2018. OCLC 496280002. Retrieved August 1, 2018. Jump up ^ Mishra, Alok K.N. ( May 16, 2018 ). `` Delhi finance minister to meet President for greater share in central taxes ''. The Times of India. New Delhi : Bennett, Coleman & Co. Ltd. OCLC 23379369. Retrieved August 1, 2018. Jump up ^ Marathe, Akshay ( May 25, 2018 ). `` Delhi gets little from central funds : Will 15th Finance Commission be fair ? ''. Business Standard. Business Standard Ltd. The Wire. OCLC 496280002. Retrieved August 1, 2018. Jump up ^ Drabu, Haseeb ( February 27, 2018 ). `` 15th Finance Commission : Mandate sans Mission ''. Livemint. HT Media Ltd. Retrieved August 21, 2018. 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Question: who has been appointed as chairman of the 15th finance commission
Answer: N. K. Singh