Indian Economy·Key Judgments
Plan vs Non-Plan Expenditure — Key Judgments
Constitution VerifiedUPSC Verified
Version 1Updated 7 Mar 2026
Key Judgments
Recommendations of the 12th Finance Commission (2005-2010)
2004The 12th Finance Commission, chaired by Dr. C. Rangarajan, made significant recommendations regarding fiscal transfers and state finances. While it operated within the…
Recommendations of the 13th Finance Commission (2010-2015)
2009Chaired by Dr. Vijay Kelkar, the 13th Finance Commission further pushed the agenda of fiscal reforms. It recommended a higher share of central taxes for states (32%) and…
Recommendations of the 14th Finance Commission (2015-2020)
2014The 14th Finance Commission, chaired by Dr. Y.V. Reddy, delivered a truly transformative report that directly paved the way for the abolition of the Plan/Non-Plan distinction. Its…