Cabinet

NEW DELHI: On Wednesday, the Cabinet approved ‘Terms of Reference’ (ToR) for the 16th Finance Commission. However, further updates are slated to arrive at a later date, according to government sources. Currently, it has been decided that the Commission will be functional for a period of five years from April 1, 2026 to 2031, whereupon […]

This commitment comes at an estimated cost of Rs. 11.80 lakh crore over a five-year period, making it a crucial lifeline for the vulnerable sections of society.