The Sixteenth Finance Commission, led by Chairman Arvind Panagariya, commenced its four-day visit to Andhra Pradesh on Tuesday night.
The commission members were received by Finance Minister P Keshav upon their arrival.
On Wednesday, Chief Minister N Chandrababu Naidu is slated to deliver a presentation to the commission at the secretariat in Amaravati between 11:00 a.m. and 1:00 p.m.
Following the Chief Minister's presentation, the commission will hold meetings with representatives of various political parties in the state. The day will conclude with an official dinner hosted in Vijayawada at Berm Park.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The visit will conclude on Friday, April 18, following an early morning visit to the revered Lord Venkateswara temple in Tirupati. The commission members will then depart for Delhi.
The Sixteenth Finance Commission was established on Dec. 31, 2023, under Article 280 of the Constitution of India. Its primary mandate is to formulate recommendations on the distribution of tax revenues between the Union and the states for the five-year period commencing April 1, 2026.
The commission comprises the following members:
Chairman: Dr. Arvind Panagariya (former vice-chairman of NITI Aayog).
Secretary: Ritvik Ranjanam Pandey.
Members: Ajay Narayan Jha, Annie George Mathew, Manoj Panda, and Soumya Kanti Ghosh (part-time).
The commission is mandated to submit its recommendations by Oct. 31, 2025.
(With inputs from PTI).
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.