The Central government on Sunday appointed former NITI Aayog Vice Chairman Arvind Panagariya as the Chairman of the 16th Finance Commission. As per a notification issued by the Ministry of Finance’s Department of Economic Affairs, Indian Administrative Service (IAS) officer Ritvik Ranjanam Pandey will be the secretary to the Commission. The members of the Commission will be notified separately, said the notification issued on Sunday.
“The Chairman and other members of the Commission shall hold office from the date on which they respectively assume office up to the date of submission of Report or 31st day of October, 2025, whichever is earlier,” reads the notification.
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