We are thrilled to share that Dr. Niranjan Rajadhyaksha, Executive Director, Artha Global, has been appointed by the President of India to the Sixteenth Finance Commission. The Commission will be chaired by Dr. Arvind Panagariya, former Vice-Chairman, NITI Aayog, and has 4 full-time members: A.N. Jha, Former Expenditure Secretary and member of the 15th Finance Commission; Annie George Mathew, Former Special Secretary, Department of Expenditure; Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India. 

The Finance Commission is a constitutional body convened by the President of India under Article 280 of the constitution to make recommendations on the distribution of revenues between the Union and state governments, on measures needed to augment consolidated funds of state governments to provide better fiscal support to municipal governments, and to determine the principles that will govern grants-in-aid of revenue to states.

We wish Niranjan and the entire Commission the very best in exercising their constitutional duties.