what is state finance commission
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State Finance Commission is the Constitutional body of experts on public finance and public administration appointed by each state government at regular intervals of five years under the article 243I of the Constitution to review and revise the financial position of panchayat raj institutions and urban local governments. Kerala state was prompt in submitting SFC reports well in time and to take action on it.
Three State Finance Commission reports, with recommentations for enhancing the financial health of the local governments were submitted and acted upon in Kerala with practically every recommendation being adopted, as per the provisions of the 73rd and 74th Constitutional Amendments made in 1993. Each State Finance Commission in Kerala has been a path-breaker[1]
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Three State Finance Commission reports, with recommentations for enhancing the financial health of the local governments were submitted and acted upon in Kerala with practically every recommendation being adopted, as per the provisions of the 73rd and 74th Constitutional Amendments made in 1993. Each State Finance Commission in Kerala has been a path-breaker[1]
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