01220pab a2200145 454500008004000000100001600040245007100056260000900127300001500136362001200151520081900163650002900982650001901011773004401030180718b2013   xxu||||| |||| 00| 0 eng d  aJoshi, B.M.  aFourteenth Finance Commission: Constitution and terms of reference  c2013  ap.821-834.  aOct-Dec  aThe Finance Commission is mandated to make recommendation to the President of India regarding the distribution between the Union and states of the net proceeds of taxes which are to be divided between them and the allocation between the states of the respective share of such proceeds. It also suggests measures needed to augment the consolidated funds of a state to supplement the resources of the rural and urban local bodies in the states on the basis of the recommendations made by the State Finance Commissions. The fourteenth Finance Commission has been assigned certain policy considerations. It has also been asked to estimate the quantum of subsidies needed without compromising economic growth, as well as suggest ways to make public sector enterprises more competitive and market oriented. - Reproduced.  aFinance Commission, 14th  aPublic finance  aIndian Journal of Public Administration