New Delhi: Dr Arvind Panagariya-led 16th Finance Commission on Monday submitted its report for 2026-31 to President Droupadi Murmu here.

The 16th Finance Commission was constituted by the government on December 31, 2023, with former NITI Aayog vice chairman Dr Panagariya as its Chairman. The Commission has four members and is assisted by Secretary Ritvik Pandey, two joint secretaries and one economic advisor.

The report by the panel was due by October 31. The government later extended the tenure of the 16th Finance Commission by one month till November 30.

“Members of the 16th Finance Commission, led by its Chairman, Dr Arvind Panagariya, called on President Droupadi Murmu and submitted the Commission’s report for 2026-31,” posted the X handle of the President of India.

The 16th Financ

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