Question
Discuss the composition of State Finance Commission.
Answer :
Word Count : 516
The State Finance Commission (SFC) is a constitutional body in India that plays a vital role in ensuring financial autonomy and fiscal decentralization at the state level. Its composition and functions are primarily defined by the Constitution of India (Article 243-I). Here's a discussion of the composition of the State Finance Commission:
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Chairman:
- The SFC is typically headed by a chairman who is appointed by the Governor of the state. The chairman is often a retired judge of the High Court or a person with relevant financial and administrative expertise.
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Members:
- The SFC consists of several members, and the number and qualifications of these members may vary from state to state based on the specific laws enacted by each state's legislature. However, ______ ________ ___ ________ __________ ______ ______ _________ ____.
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- The SFC consists of several members, and the number and qualifications of these members may vary from state to state based on the specific laws enacted by each state's legislature. However, ______ ________ ___ ________ __________ ______ ______ _________ ____.
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