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English Release 1-October 2014
Date Month Year
  • President's Secretariat
  • President Congratulates Medal Winners in Asian Games 2014

  • Swatchh Bharat Abhiyan in Rashtrapati Bhavan
  • President Expresses Condolences Over Loss of Lives Due to Crash of Army Helicoper in Bareilly, Uttar Pradesh
  • New E-Payment Gateway System with Additional Features for Online Booking of Visits to Rashtrapati Bhavan Launched

  • Message to the Nation from the President on the eve of Gandhi Jayanti
  • President Expresses condolences over loss of lives due to collision of trains near Gorakhpur, Uttar Pradesh
  • President’s Durga Puja Greetings
  • Vice President's Secretariat
  • VICE PRESIDENT RELEASES BOOK “NEHRU GAZING AT TOMORROW” BY DR. H.R.BHARDWAJ
  • Vice President Greets Citizens on Dussehra
  • Vice President Confers ‘Sir Ross Masood Lifetime Achievement Award for Excellence in Leadership, Education, Community & Public Service-2014’ to Shri Saiyid Hamid
  • Prime Minister's Office
  • PM sanctions ex-gratia for victims of train accident near Gorakhpur District, Uttar Pradesh
  • PM expresses condolences over loss of lives due to collision of trains near Gorakhpur, Uttar Pradesh
  • Text of Remarks by Prime Minister Narendra Modi at the Joint Press Briefing with President Barack Obama
  • English Rendering of Remarks by Prime Minister Narendra Modi at the Joint Press Briefing with President Barack Obama
  • Joint Statement during the visit of Prime Minister to USA
  • Election Commission
  • Gaming Your Way to Democracy: ECI Launches Video Game to Educate Voters
  • Min of Civil Aviation
  • Hon’ble Minister of Civil Aviation Launched the Massive Cleanliness Campaign under “Swachh Bharat Mission” at Airports across the Country.
  • Min of Consumer Affairs, Food & Public Distribution
  • Ram Villas Paswan undertakes surprise checks to see cleanliness in his Ministry
  • Min of Corporate Affairs
  • CCI issues order against Super Cassettes Industries Limited for abusing dominant position, imposes penalty of Rs. 2.83crores
  • Min of Defence
  • Defence Accounts Department Celebrates Its 267th Anniversary
  • Air Marshal Jajgeet Singh takes over as Air Officer-in-Charge maintenance at Air Headquarters
  • 24th Edition of Ind-Indo Corpat Concludes
  • Min of Earth Science
  • Swachh Bharat Campaign at Ministry of Earth Sciences Launched by Dr. Jitendra Singh Amid A Call to Participate in the Cleanliness Drive Whole Heartedly
  • Ministry of Finance
  • Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
  • Auction for Sale (Re-Issue) of Government Stocks
  • Different Departments of Ministry of Finance to take Coordinated actions to make Swatchh Bharat Campaign a Great Success; Action Plan Drawn to keep the Office Premises Neat and Clean; Goal is to Provide an Aesthetic and Congenial Working Atmosphere for one and all
  • Due Date of Deposit of Tax Deducted at Source/Tax Collected at Source during the Month of September, 2014 extended from 7th October, 2014 to 10th October, 2014
  • Repayment of 7.56% Government Stock 2014 and 11.83% Government Stock 2014 on November 03, 2014 and November 12, 2014 Respectively
  • Min of Food Processing Industries
  • Swachhta Abhiyaan Launched in Ministry of Food Processing Industries
  • Min of Health and Family Welfare
  • “Combine Ram Lila revelry with health checks”: Dr Harsh Vardhan
  • Large turnout on National Voluntary Blood Donation Day
  • Min of Home Affairs
  • Cleanliness Drive in the Ministry of Home Affairs Under ‘Swachh Bharat’ Campaign
  • PIO Card valid for Life Time
  • Show Cause Notices to Associations for not Filing Mandatory Annual Return
  • Min of Human Resource Development
  • Union HRD Minister Smriti Irani Releases a Handbook – Swachh Bharat Swachh Vidyalaya
  • Min of New and Renewable Energy
  • MOU Signed for First Ever Offshore Wind Power Project in India
  • Min of Personnel, Public Grievances & Pensions
  • Combined Defence Services Examination (II), 2014
  • Early closure of some Government Offices today
  • The President of India authorises Shri Rajiv as Central Vigilance Commissioner
  • Min of Petroleum & Natural Gas
  • “Mission Swachh Bharat”
  • Daily Crude oil price of Indian Basket was US$ 95.34/bbl on 30.09.2014
  • Min of Power
  • Message of Piyush Goyal on the Eve of Launch of “Swachh Bharat Mission”
  • Power, Coal, MNRE PSUs to Construct 50,000 Toilets in Schools
  • Ministry of Railways
  • Railway Minister Expresses his Profound Grief Over the Loss of Innocent Lives in Train Accident Near Gorakhpur in Uttar Pradesh
  • Min of Science & Technology
  • Dr. Jitendra Singh launches campaign of ‘Swatchh Bharat Mission’ in the Ministry of Science and Technology
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • ‘Punarjagaran’- Mass Awakening Campaign for youth to be launched on 2nd October, 2014
  • India’s Performance on Day 12 of Asian Games 2014
  • Min of Social Justice & Empowerment
  • National Awards for Senior Citizens – Vayoshreshtha Samman 2014 presented
  • Thaawar Chand Gehlot flags off Walkathon on the International Day of Older Persons

Previous Date

 
Ministry of Finance14-November, 2007 17:28 IST
13th Finance Commission Constituted
The President has constituted the Thirteenth Finance Commission under Article 280 (1) of the Constitution. Dr. Vijay L. Kelkar, former Union Finance Secretary and Adviser to the Finance Minister has been appointed as Chairman of the Commission. Shri B.K Chaturvedi, Member, Planning Commission will be the part-time Member, and Dr. Indira Rajaraman, Emeritus Professor, National Institute of Public Finance and Policy, Dr. Abusaleh Shariff, Chief Economist, National Council of Applied Economic Research, Prof. Atul Sarma, Former Vice-Chancellor, Rajiv Gandhi University (formerly Arunachal University) shall be the full time Members of the Commission. Shri Sumit Bose will be the Secretary to the Commission.

The Finance Commission is a Constitutional body set up every five years to make recommendations relating to the distribution of the net proceeds of taxes between the Union and the States, the principles which should govern the grants-in-aid of the revenues of the States out of the Consolidated Fund of India and the measures needed to augment the Consolidated Fund of a State to supplement the resources of the Panchayats and the Municipalities. In addition, any other matter may be referred to the Commission by the President in the interests of sound finance.

Apart from the terms of reference specifically laid down in the Constitution, the Thirteenth Finance Commission will review the state of finances of the Union and the States keeping in view the operation of the States’ Debt Consolidation & Relief Facility 2005-2010(DCRF) and suggest measures for maintaining a stable and sustainable fiscal environment consistent with equitable growth. The Thirteenth Finance Commission will also review the present arrangements as regards financing of Disaster Management with reference to the National Calamity Contingency Fund and the Calamity Relief Fund and the funds envisaged in the Disaster Management Act, 2005.

As in the case of the previous Finance Commissions, the 13th Finance Commission will also take into consideration various aspects while making its recommendations. These relate to assessment of the resources of the Centre and the State for the five year period, taxation efforts and the potential of additional revenue mobilization, demands on the resources of the Central Government, the requirement of States to meet the non-salary component of maintenance expenditure on capital assets and plan schemes, the objective of not only balancing receipts and expenditure but also generating surpluses, and the need to ensure commercial viability of irrigation and power projects, departmental undertakings and public sector enterprises through various means including levy of user charges and adoption of measures to promote efficiency.

The 13th Finance Commission will also take into consideration the likely impact of the proposed implementation of Goods and Services Act (GST) with effect from 1st April, 2010, including its impact on foreign trade. The Finance Commission has also been asked to consider the need to improve the quality of public expenditure to obtain better outputs and outcomes. The need to manage ecology, environment and climate change consistent with sustainable development, which is an issue of national concern will also be taken into account by the 13th Finance Commission.

The recommendations of the Thirteenth Finance Commission will cover the period of five years from Ist April, 2010 to 31st March 2015. The Commission is expected to make available its report by 31st October, 2009.

BSC/RP/GN-473/07
(Release ID :32658)

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