N K Singh appointed chairman of 15th Finance Commission

NEW DELHI, NOV 27: Former Planning Commission Member N K Singh was today appointed chairman of 15th Finance Commission, which among other things has been asked to look into the impact of GST on finances of both the Centre and states, said a Government notification. The other members of the commission, which is required to submit its report by October 2019, are former Economic Affairs Secretary Shaktikanta Das and former Chief Economic Advisor Ashok Lahiri, Niti Aayog Member Ramesh Chand and Georgetown University professor Anoop Singh. The commission will review the current status of the finance, deficit, debt levels, cash balances and fiscal discipline efforts of the Union and the states. It will also recommend a fiscal consolidation road map for sound fiscal management. (AGENCIES)