bsc monthly magazine pdf Published this article about constitution of the Finance Commission isgoverned by Article 280 of the Constitution, which spells out, in conjunction with oy erprovisions,themannerandmodalityforthemanagementof
the financesof the Unionand the Statesaswellasthe principlesfor
governingthedivisibleresources. After the
interim Commission, the first FinanceCommission was constituted onNovember 22,
1951 andwas chaired by K.C. Niyogi.
Thereafter, there have beenfifteen
Fñiance Commissions. I was privileged to be
itsChairmanwithfourdistinguishedmembersTo
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