Sixteenth Finance Commission Members Appointed

  • The Sixteenth Finance Commission was constituted on 31.12.2023.
  • Arvind Panagariya, former Vice-Chairman, NITI Aayog is its Chairman.
  • Members are appointed by the government with the approval of the President of India.
  • The Commission has to make its recommendations by October 31, 2025, covering an award period of 5 years commencing 1st April 2026.

Appointed Members:

1 Shri. Ajay Narayan Jha, former member, 15th Finance Commission and former Secretary, Expenditure Full time Member
2 Smt. Annie George Mathew, former SpecialSecretary, Expenditure Full time Member
3 Dr. Niranjan Rajadhyaksha, Executive Director, Artha Global Full time Member
4 Dr. Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India Full time Member
Posted in Current Affairs.