Answer
Arvind Panagariya
Explanation
Former Vice-Chairman of NITI Aayog, Dr. Arvind Panagariya, has been appointed as the Chairman of the 16th Finance Commission.
Key Points
- > Chairman: Arvind Panagariya
- > Tenure: 2026 to 2031
- > Article: Article 280
Additional Information
- The Finance Commission is a constitutional body.
- It is constituted by the President every 5 years.
- It recommends the distribution of revenue between the Centre and the States.
| Commission | Chairman |
|---|---|
| 15th | N.K. Singh |
| 16th | Arvind Panagariya |