16th Finance Commission has recommended an outlay of Rs. 2,83,807 crore for disaster management related affairs. Get to know the details of the FC recommendations.
Disaster financing
XV Finance Commission Recommendations
Do you know what is the basis of disaster financing in India? Yes, it is based on the Finance Commission (FC) recommendations. The FC recommendations decide both, the amount to be made available to the states, and the Union, and the ground rules for spending this amount. The FC is constituted at five-year interval as […]