The recommendations of the 15th Finance Commission have enabled the States to improve their fiscal conditions. Comment.

The recommendations of 15th Finance Commission headed by NKSAD for period of 2021-26 has helped in fiscal devolution. 15th FC recommendations helping states improve fiscal condition: 1) Reducing populist politics during elections causing fiscal deficit 2) Ensuring state debt remains below mandated by FRBM Act of 2012 of general debt 3) As an states borrowing from domestic & foreign market as prescribed by constitution (Article 293) Issues for 16th finance commission: 1) Demands for rationalizing formula of borrowed & vertical devolution 2) Revenue distance and demographic performance works against southern States 3) State demand of representation for body corporeal entirely of CEOs representation. The 16th finance commission has the lofty task to balance fiscal federalism to strengthen the potential federalism in India