SF Prep Notes

Report of Committee on Datasets for State Finance Commissions released

On 8 June 2026 in New Delhi, Chief Economic Adviser Dr V. Anantha Nageswaran released the Report of the Committee on Datasets for State Finance Commissions, prepared under the Ministry of Panchayati Raj.

Summary

Chief Economic Adviser Dr V. Anantha Nageswaran released the Report of the Committee on Datasets for State Finance Commissions at an event in New Delhi on 8 June 2026, in the presence of Panchayati Raj Secretary Vivek Bharadwaj. The report aims to strengthen the data available to State Finance Commissions so they can make sound recommendations on devolution to Panchayats. Among its recommendations is a performance audit by the Comptroller and Auditor General of the implementation of the 73rd Constitutional Amendment across States. State Finance Commissions are constituted under Article 243-I of the Constitution; the need for a stronger data ecosystem was identified at the Finance Commissions' Conclave of November 2024 led by the Chairman of the Sixteenth Finance Commission.

Key facts

Date and place
8 June 2026, New Delhi
Released by
CEA Dr V. Anantha Nageswaran
Ministry
Ministry of Panchayati Raj
Key recommendation
CAG performance audit of 73rd Amendment implementation
Static
State Finance Commissions: Article 243-I
Origin
Finance Commissions' Conclave, November 2024

Practice MCQs 3 questions

Q1

Who released the Report of the Committee on Datasets for State Finance Commissions on 8 June 2026?

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Correct answer: B — Chief Economic Adviser Dr V. Anantha Nageswaran

CEA Dr V. Anantha Nageswaran released the report in New Delhi.

Q2 Advanced

State Finance Commissions, which assess the finances of Panchayati Raj Institutions, are constituted under which Article of the Constitution?

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Correct answer: A — Article 243-I

The Panchayati Raj Ministry release states that State Finance Commissions are constituted under Article 243-I.

Q3 Advanced

The report recommended a CAG performance audit of the implementation of which Constitutional Amendment across States?

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Correct answer: C — 73rd Amendment

The report recommends that the CAG undertake a performance audit of the implementation of the 73rd Constitutional Amendment across States.

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