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Core Purpose

Presidential order appointing four additional Members of the Sixteenth Finance Commission under clause (1) of article 280 of the Constitution read with the Finance Commission (Miscellaneous Provisions) Act, 1951.

Detailed Summary

The Department of Economic Affairs, Ministry of Finance, published S.O. 369(E) dated 30th January 2024, an Order of the President made in pursuance of clause (1) of article 280 of the Constitution read with the Finance Commission (Miscellaneous Provisions) Act, 1951 (33 of 1951), appointing four Members of the Sixteenth Finance Commission: Shri Ajay Narayan Jha, former member of the 15th Finance Commission and former Secretary, Department of Expenditure, as a full-time Member; Smt. Annie George Mathew, former Special Secretary, Department of Expenditure, as a full-time Member; Dr. Niranjan Rajadhyaksha, Executive Director, Artha Global, as a full-time Member; and Dr. Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, as a part-time Member. The Chairman and other members of the Commission shall hold office from the date they respectively assume office until the date of submission of the Report or 31st October 2025, whichever is earlier. The Order is stated to be in continuation of Notification No. S.O. 5533(E) dated 31st December 2023 regarding constitution of the Sixteenth Finance Commission. It was signed by President Droupadi Murmu, dated 30th January 2024, and issued under File No. 10(2)-B(S)/2022 by Ashish Vachhani, Additional Secretary (Budget).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30012024-251653 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 348] NEW DELHI, TUESDAY, JANUARY 30, 2024/MAGHA 10, 1945 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 30th January, 2024 S.O. 369(E). The following order made by the President is to be published for general information: ORDER In pursuance of clause (1) of article 280 of the Constitution read with the provisions of the Finance Commission (Miscellaneous Provisions) Act, 1951 (33 of 1951), the President is pleased to appoint following as Members of the Sixteenth Finance Commission, namely:- +---+------------------------------------------------------------------------------------------------+------------------+ | 1.| Shri. Ajay Narayan Jha, former member, 15th Finance | Full time Member | | | Commission and former Secretary, Department of Expenditure | | +---+------------------------------------------------------------------------------------------------+------------------+ | 2.| Smt. Annie George Mathew, former Special Secretary, | Full time Member | | | Department of Expenditure | | +---+------------------------------------------------------------------------------------------------+------------------+ | 3.| Dr. Niranjan Rajadhyaksha, Executive Director, Artha Global | Full time Member | +---+------------------------------------------------------------------------------------------------+------------------+ | 4.| Dr. Soumya Kanti Ghosh, Group Chief Economic Advisor, State | Part time Member | | | Bank of India | | +---+------------------------------------------------------------------------------------------------+------------------+ 2. The Chairman and other members of the Commission shall hold office from the date on which they respectively assume office up to the date of submission of Report or 31st day of October, 2025, whichever is earlier. 3. This order is in continuation of the Notification No. S.O.5533 (E) dated 31.12.2023 with respect to constitution of Sixteenth Finance Commission. New Delhi, Dated the 30th January, 2024 Sd/- DROUPADI MURMU President of India [F. No. 10(2)-B(S)/2022] ASHISH VACHHANI, Addl. Secy. (Budget) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. AMIT KUMAR JAISWAL Digitally signed by AMIT KUMAR JAISWAL Date: 2024.01.30 22:50:05 +05'30'

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