Former bureaucrat P.Raghavendra Rao (Retd.IAS:1985:HY) will head sixth state Finance Commission of Haryana, an institutional mechanism for division of resources between the government and the Panchayati Raj Institutions (PRIs) and the urban local bodies. This panel is for a five-year period (2021-22 to 2025-26) and is formed under Article 243 of the Constitution and the Haryana Panchayati Raj Act, 1994. Serving IAS officer Vikas Gupta (IAS:2001:HY) will be its member-secretary.
The panel will give recommendations on distribution of taxes, duties, toll and fee reliable by the state, between the state and zila parishads, panchayat samities and gram panchayats. It will also decide on crucial issues of taxation, toll and fee assigned to the urban local bodies and various forms of grants-in-aid to the PRIs and civic bodies from the consolidated fund of the state.
The panel will evolve a mechanism for the devolution of resources to the urban local bodies with the ultimate aim of improving their fiscal position and to balance the receipts and expenditure of the state and generating surplus capital investment.
P.Raghavendra Rao IAS,
Haryana Finance Panel,
Sixth Finance Panel,
Vikas Gupta IAS,
