Cabinet approves creation of three officer-level posts for 16th Finance Commission
The Hindu
The Cabinet approves the creation of three officer-level posts to assist the 16th Finance Commission in New Delhi.
The Cabinet on January 18 approved the creation of three officer-level posts for assisting the 16th Finance Commission, chaired by Arvind Panagariya.
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the creation of three posts at the level of Joint Secretary i.e. two posts of Joint Secretary and one post of Economic Adviser, for the 16th Finance Commission, an official statement said.
"The newly created posts are required to assist the Commission in carrying out its functions," the statement said.
All other posts in the commission have already been created as per the delegated powers, it added.
In a notification dated December 31, 2023, the government appointed former vice chairman of Niti Aayog Panagariya as the chairman of the 16th Finance Commission.
Ritvik Ranjanam Pandey was named as the Secretary to the Commission.
The Commission would submit its report to the President by October 31, 2025. The report would be for five years commencing April 1, 2026.
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