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Finance Ministers of India

Pranab Kumar Mukherjee
(1982-1985, Feb 2009-May 2009, May 2009-Continuing)

Pranab Kumar Mukherjee is a prominent leader of India National Congress. He has...
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Report of the 13th Finance Commission (2010-2015)

India Infoline News Service / 09:57 AM , Feb 26, 2010

The Government must cut its fiscal deficit to 3% of the GDP by the end of fiscal year 2013-14 and eliminate its revenue deficit in 2014-15, according to the key recommendations of the 13th Finance Commission. The fiscal deficit is estimated at 5.7% in the year ending on March 2011, and will fall further to 4.8% in the year 2011-12, a 13th Finance Commission said. The report of the 13th Finance Commission, said that the fiscal deficit should drop to 4.2% in 2012-13 and to 3% in 2013-14. Finance Minister Pranab Mukherjee said that the Government has accepted all major suggestions of the 13th Finance Commission. The Centre must cap its total debt at 68% of the GDP by the end of financial year 2014-15, the report of the 13th Finance Commission stated.

Report of the Thirteenth Finance Commission (2010-2015)

Chapter No.  Chapter Name


     Main Page  Cover Page
  Contents Contents
    1. Summary of Recommendations Chapter  
    2. Introduction Chapter Annexure
    3. Issues and Approach Chapter  
    4. Review of Union and State Finances Chapter Annexure
    5. Goods and Services Tax Chapter  
    6. Union Finances: Assessment of Revenue and Expenditure Chapter Annexure
    7. State Finances: Assessment of Revenue and Expenditure and Structural Reforms Chapter Annexure
    8. Sharing of Union Tax Revenues Chapter Annexure
    9. Revised Roadmap for Fiscal Consolidation Chapter Annexure
  10. Local Bodies Chapter Annexure
  11. Disaster Relief Chapter Annexure
  12. Grants-in-Aid Chapter Annexure
  13. Looking Ahead: Towards a New Architecture for Federal Finance Chapter  
  Explanatory Memoranda Download