In compliance with Articles 243(I) and 243(Y) of the Constitution of India, and in accordance with the provisions of Section 168 of the Bihar Panchayati Raj Act, 2006 and Section 71 of the Bihar Municipal Act, 2007, the Governor of Bihar hereby constitutes the Seventh State Finance Commission,which shall consist of a Chairman and two Members :
- Chairman : Shri Ashok Kumar Choudhary, I.A.S (Retd. – 1972 batch)
- Member: Shri Anil Kumar (Retired, B.A.S, Empanelment Code No. – 223/2011)
- Member: Dr. Kumudani Sinha (Retired Professor, Department of Economics, Patna University)
Objectives of the Commission
The Commission will review the financial position of Panchayats (Zila Parishads, Panchayat Samitis, and Gram Panchayats) and Urban Local Bodies (Municipal Corporations, Municipal Councils, and Nagar Panchayats), and will make its recommendations on:
- Principles governing the distribution of net proceeds of taxes, duties, tolls, and fees between the State and Panchayats/Municipal Bodies, and among their respective levels.
- Determination of taxes, duties, tolls, and fees to be assigned to or appropriated by Panchayats and Municipal Bodies.
- Grants-in-aid to be provided from the Consolidated Fund of the State.
- Measures to improve the financial position of Panchayats and Municipal Bodies.
- Assessment of revenues and expenditures of Panchayats and Municipal Bodies with a specified basis for conclusions.
