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Report of the 13th Finance Commission (2010-2015)

India Infoline News Service | Mumbai | February 12, 2014 18:30 IST

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
 ContentsContents
    1.Summary of RecommendationsChapter 
    2.IntroductionChapterAnnexure
    3.Issues and Approach Chapter 
    4.Review of Union and State FinancesChapterAnnexure
    5.Goods and Services TaxChapter 
    6. Union Finances: Assessment of Revenue and ExpenditureChapterAnnexure
    7.State Finances: Assessment of Revenue and Expenditure and Structural ReformsChapterAnnexure
    8.Sharing of Union Tax RevenuesChapterAnnexure
    9.Revised Roadmap for Fiscal ConsolidationChapterAnnexure
  10.Local BodiesChapterAnnexure
  11.Disaster ReliefChapterAnnexure
  12.Grants-in-Aid ChapterAnnexure
  13.Looking Ahead: Towards a New Architecture for Federal FinanceChapter 
    
 Explanatory MemorandaDownload








 

 
 
 
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