RBI Deputy Governor T Rabi Sankar has been appointed as a part-time member of the 16th Finance Commission (XVIFC). His tenure will last from the date of assuming charge until the commission submits its report or October 31, 2025, whichever is earlier.
Sankar’s appointment fills the vacancy created by the resignation of Ajay Narayan Jha, a full-time member of the commission, who stepped down due to personal reasons.
The 16th Finance Commission was constituted on December 31, 2023, with Arvind Panagariya, former Vice-Chairman of NITI Aayog, as its Chairperson. The commission is mandated to submit its recommendations by October 31, 2025, which will apply for the five-year period beginning April 1, 2026.
As a constitutional body, the Finance Commission makes key recommendations on fiscal relations between the Centre and the states. The previous 15th Finance Commission, chaired by N.K. Singh, had recommended a 41% share of the Centre’s divisible tax pool to states — a proportion retained from the 14th Finance Commission led by Y.V. Reddy.
At Legendofficers, we deliver timely, factual, and trusted insights into India’s top bureaucratic developments. From strategic appointments like T Rabi Sankar’s inclusion in the 16th Finance Commission to the dynamic shifts across central ministries and constitutional bodies, we keep you informed. Our real-time updates cover civil services reshuffles, RBI leadership transitions, governance reforms, policy-level postings, and other top Indian bureaucracy news that shape the nation’s direction. Stay connected with us for reliable coverage on high-impact decisions, senior IAS/IPS movements, and expert commentary on bureaucratic appointments that matter.
👉 Follow Legendofficers for curated updates straight from the corridors of power — because credible reporting builds public trust.
Join Us on WhatsApp