💨 Abstract

The 16th Finance Commission, led by Dr. Arvind Panagariya, commenced a four-day visit to Odisha to discuss the state's financial demands with government officials. Odisha CM has proposed a demand of Rs 12,56,148 crore for the next five financial years. The Finance Commission will advise the Union government on tax shares for states from 2026.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖