Indian government approves 4 members for the 16th Finance Commission.

Four members have been appointed to the 16th Finance Commission by the Indian government, with the approval of President Droupadi Murmu. The appointed members are Ajay Narayan Jha, Annie George Mathew, Niranjan Rajadhyaksha, and Soumya Kanti Ghosh. Arvind Panagariya, former Vice Chairman of NITI Aayog, has been appointed as the Chairman of the commission. The commission's task is to make recommendations on the distribution of taxes between the Union and the States.

January 30, 2024
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