(a) the point-wise recommendations of the Thirteenth Finance Commission (FC-XIII)
implemented and yet to be implemented along with the time by which the same are likely
to be implemented;
(b) whether the Government has set up the Fourteenth Finance Commission (FC-XIV);
(c) if so, the details along with its composition and terms of referenced thereof; and
(d) the time by which the FC-XIV is likely to submit its report?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) : The recommendations of the Thirteenth Finance Commission (FC-XIII), as accepted by
the Government, are being implemented and accordingly Government is releasing share in Central
Taxes/Duties and Grants for local bodies, disaster relief, post devolution Non-plan revenue
deficit, performance incentive, elementary education, environment, improving outcomes,
State-specific needs and maintenance of roads and bridge to the States during its award
period from 01.04.2010 to 31.03.2015.
(b) to (d) : Yes, Sir. Notification for setting up of Fourteenth Finance Commission (FC-XIV) has been published in the Gazette of India Extraordinary vide S.O. 31E dated
2nd January,2013. The terms of reference for the Commission inter-alia include sharing
of net proceeds of Union Taxes between Centre and States, principles governing grants-in-aid
to States, transfer of resources to Local Bodies, issues related to fiscal consolidation
at Centre and States, issues relating to financing of disaster management and issues
related to Public Expenditure Management. The Commission has been mandated to submit
its report by 31st October, 2014.