Committees and commissions
What did the FRBM Review Committee recommend?
The FRBM Review Committee, chaired by N K Singh (2017), reported on Fiscal responsibility framework.
The detail
| Chair | N K Singh |
|---|---|
| Year | 2017 |
| Subject | Fiscal responsibility framework |
| GS paper | GS-III |
Debt-to-GDP anchor of 60% (40% Centre, 20% states); fiscal deficit glide path to 2.5%; an escape clause for defined shocks.
Source: en.wikipedia.org/wiki/N._K._Singh
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