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The Sixteenth Finance Commission (XVIFC) invites suggestions/views from general public, interested organisations and individuals on the terms of reference for the XVIFC as specified below, as well as the general approach that the XVIFC may adopt. Views are also invited on any other issue relevant to the work of the XVIFC.
Suggestions may be submitted through the website of the 16th Finance Commission https://fincomindia.nic.in/portal/feedback) under the section ‘Call for Suggestions’.
The Sixteenth Finance Commission (XVIFC) has been constituted in pursuance of the provisions of the Constitution of India by the President with Dr. Arvind Panagariya as Chairman vide a Notification dated 31st December 2023. The XVIFC is required to make recommendations covering a period of five years commencing on 01st April 2026 as to the following matters:
The XVIFC is also mandated to review the present arrangements on financing Disaster Management initiatives, with reference to the funds constituted under the Disaster Management Act, 2005 (53 of 2005), and make appropriate recommendations thereon.