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Finance Commission discuss GDP numbers, expenditure rationalisation with Finance Ministry

Updated : May 16, 2019 01:56 PM IST

During the meeting, which happened on Wednesday, the 15th Finance Commission observed that the GDP numbers suggest continued high growth over the medium term even though there have been fluctuations within the overall global trend.
"On the expenditure trend, there were discussions with regard to rationalisation of the Centrally Sponsored Schemes in sync with the new life cycle, they being co-terminus with the finance commissions," the statement said.
Finance Commission discuss GDP numbers, expenditure rationalisation with Finance Ministry
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