The Sixteenth Finance Payment has constituted an advisory council with 5 members. The members of the council are DK Srivastava, Neelkanth Mishra, Poonam Gupta, Pranjul Bhandari and Rahul Bajoria
Poonam Gupta may very well be the convenor of the council, a Finance Ministry assertion said.
The perform and capabilities of the advisory council is likely to be to advise the payment on any of the Phrases of Reference (ToR) or related matters that may very well be of relevance.
The advisory council may even assist inside the preparation of papers, or evaluation, and to observe or assess analysis commissioned by the payment, thereby enhancing the payment’s understanding of the issues in its ToR.
This panel may even help broaden the payment’s ambit and understanding by looking for the right nationwide and worldwide practices on points pertaining to fiscal devolution and enhancing the usual, attain, and enforcement of its recommendations.