Finance Commission Chairman Dr. Arvind Panagariya Engages with Shimla Stakeholders

Shimla, June 24, 2024 – Dr. Arvind Panagariya, Chairman of the Finance Commission, along with commission members, conducted an extensive interaction session in Shimla today. The meeting brought together representatives from Urban Local Bodies, Panchayati Raj Institutions, various industrial establishments, and political parties.

This engagement aimed to gather insights and feedback from a diverse array of stakeholders to inform the Commission’s recommendations on fiscal policy and local governance improvements. Dr. Panagariya emphasized the importance of understanding the unique challenges and opportunities faced by local entities to create more effective financial strategies.

Representatives from Urban Local Bodies and Panchayati Raj Institutions highlighted key issues, including infrastructure development, resource allocation, and administrative support. Industrial establishments discussed the need for favorable economic policies to boost local industries and create employment opportunities.

Political parties provided their perspectives on fiscal decentralization and the role of local governance in enhancing economic growth. The interaction fostered a collaborative environment where all parties could voice their concerns and suggestions.

Dr. Panagariya expressed his appreciation for the valuable contributions and assured that the insights gathered would play a crucial role in shaping the Commission’s future policies. The Finance Commission’s visit to Shimla marks a significant step towards more inclusive and responsive governance.