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15th Finance Commission Report Highlights
The final report of the Fifteenth Finance Commission of India was presented in Parliament on 1 February 2021, with the Union Budget 2021-22, for FY 2021-22 to FY 2025-26. The Interim Report of the Finance Commission for the FY 2020-21 was included with the Union Budget 2020-21. Finance commissions usually submit their reports for a period of five years. However, the term of the 15th Finance Commission was extended by one year more due to uncertainty in major large areas such as new monetary policy framework, GST, bankruptcy code and demonetization. US-Russia agreed to limit nuclear weapons The 15th Finance
All Eyes On Defence Budget 2021
Defence Budget 2021 : There are a lot of expectations from this budget, one of which is that a substantial budget will be given to the Ministry of Defense. Considering the tension on the eastern borders in the last years, there are many expectations from this budget as to what the Nirmala Sitharaman’s box in the Ministry of Defense met. It is expected that this time there will be a big increase in the defence budget. The deployment of the army in Ladakh will definitely be kept in mind while making allocation for the defence budget. Due to low defence
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