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Seventh Finance Commission

From Wikipedia, the free encyclopedia

The Seventh Finance Commission of India was incorporated in 1978 consisting of Shri J. M. Shelar as the chairman.

Members

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The members of the Commission were:[1]

Recommendations

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  • The share of the states in the net proceeds should be raised to 85% excepting the share of the Union Territories which would be 2.19% of net proceeds
  • The inter se distribution between the states should include 10% contribution factor and rest 90% would be on basis of population. The 10% allotment would be based on the State-wise net assessments

References

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  1. ^ "Members of the previous Finance Commissions". Fourteenth Finance Commission. Retrieved 22 July 2017.

Further References

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  • Sansar Singh Janjua (1999). Centre State Financial Relations in India and Finance Commission. New Delhi, India: Anmol Publications. ISBN 8126102233.
  • "Finance Commission India". New Delhi, India: Fourteenth Finance Commission. Retrieved 22 July 2017.