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flag Finance Commission begins consultations in Mizoram to develop new revenue-sharing model with states.

flag The 16th Finance Commission, led by Arvind Panagariya, is starting consultations in Mizoram to develop a revenue-sharing model between the central and state governments, effective from April 2026. flag The team will meet with the state government, industries, and local bodies to gather opinions on financial issues. flag The commission also discussed the state's low revenue and challenges related to its hilly terrain and refugee influx.

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