The 15th Finance Commission has forecast healthy financial situation for Telangana over the next five years .This are few projection of Finance commission on Telangana State for the five-year period 2021-22 to 2025-26
About Finance Commission of India(FCI)
The Government of India, with the approval President of India, ha constitutes Finance Commission in pursuance of article 280 of the Constitution, read with the provisions of the Finance Commission Act, 1951
About 15th Finance Commission
The Finance Commission is a constitutional body formed by the President of India to give suggestions on centre-state financial relations. The 15th Finance Commission (Chairman: Mr. N. K. Singh) submitted final report with recommendations for the 2021-26 period was tabled in Parliament on February 1, 2021. Key recommendations in the report for 2021-26. The share of states in the central taxes for the 2021-26 period is recommended to be 41%. This is less than the 42% share recommended by the 14th Finance Commission for 2015-20 period. The adjustment of 1% is to provide for the newly formed union territories of Jammu and Kashmir, and Ladakh from the resources of the centre.