Newly-formed 15th Finance Commission holds its first meeting

New Delhi: The newly constituted 15th Finance Commission, held its first meeting in Delhi on Monday and touched upon preliminary discussions regarding its terms of reference.

"We covered issues that need to be addressed, went over terms of reference given to us by president," commission chairman NK Singh said.

The commission also agreed that



it would expedite meetings with the government and the various stakeholders in order to meet those terms.

Before holding the meeting, the members met Union Finance Minister Arun Jaitley.

Bandhan Bank chairman and former chief economic adviser Ashok Lahiri and NITI Aayog member Ramesh Chand have been appointed as part-time members.