The 13th finance commission was set up in 2007. This is a recommendation for 2010 to 2015. AFC setting up under Article 280. And it’s a constitution of recommendations. Grant-in-aid comes under Article 275 and the statement of that part says.  Such sums as Parliament may by law provide shall be charged on the Consolidated …

Bibek Debroy Explain: Why Normative Finance Commissions Recommendations Are On Paper Read More »