Bhubaneswar, January 22: The Odisha government has announced the formation of the 6th State Finance Commission, appointing retired IAS officer Arun Kumar Panda as its Chairman.
The commission will include Prof. Asit Ranjan Mohanty from XIMB, Prof. Amaresh Samantray from the Department of Economics at Pondicherry University, and Dr. Bibhu Prasad Nayak from TISS as its members. Dr. Satya Priya Rath, Additional Secretary in the Finance Department, will serve as the Member Secretary.
The commission is tasked with making recommendations on key fiscal matters, including the distribution of net proceeds from taxes, duties, tolls, and fees between the state government and the three-tier Panchayati Raj Institutions, as well as Urban Local Bodies, and the allocation of their respective shares.
