Centre may ask FFC to present an interim report for FY22 by Oct, while giving it more time to submit its final report The Centre may extend the tenure of the 15th Finance Commission (FFC) by an year, in view of the uncertainty surrounding the impact of covid-19 on the Indian economy, and the difficulty in calculating growth and revenue forecasts for states.

If granted, this will be the second extension to the FFC, since the cabinet, last November, extended the tenure of the commission till October 2020. “We are considering asking the Finance Commission to present an interim report for FY22 by October, while giving it more time to submit its final report for the remaining four years," a finance ministry official said, requesting anonymity.

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Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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