Home India Ministry of Home Affairs Gazette Notification regarding extension of the 5th Finance ...
Date: 24-Sep-2024 Category: Extra Ordinary State: Union Government Country: India

Gazette Notification regarding extension of the 5th Finance Commission for UTs of Andaman and Nicobar Islands, Dadra and Nagar Haveli and Daman and Diu, Ladakh, and Lakshadweep

Issued by Ministry of Home Affairs · UT DIVISION

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Executive Summary & Key Takeaways

Gazette Notification Description

  • This Extraordinary Gazette notification from the Ministry of Home Affairs, Government of India, dated September 24, 2024, extends the tenure of the Finance Commission for certain Union Territories.

Key Changes

  • The tenure of the Finance Commission constituted for the Union Territories of Andaman and Nicobar Islands, Dadra and Nagar Haveli and Daman and Diu, Ladakh, and Lakshadweep has been extended.
  • The extension is for a period of three months.
  • The extended tenure will now end on December 31, 2024.
  • This extension is in continuation of a previous notification (S.O. 5417(E) dated December 21, 2023).

Impact Analysis

Impact on the Finance Commission

  • This avoids potential disruption in the financial planning and resource allocation for the concerned Union Territories.

Impact on the Union Territories

  • There will be no immediate change in financial operations, pending the commission's final recommendations.

Impact on the Central Government

  • However, this delay is likely to be minimal and manageable.

Suggested Action Items

  • Communicate the extension to all relevant stakeholders.

Key Entities Referenced

Ministry of Home Affairs: The issuing authority of the gazette notification. President of India: The authority that approved the extension of the Finance Commission's tenure. Finance Commission: The body whose tenure has been extended. It is responsible for making recommendations on the distribution of financial resources between the central government and the Union Territories. Union Territories of Andaman and Nicobar Islands, Dadra and Nagar Haveli and Daman and Diu, Ladakh, and Lakshadweep: The Union Territories for which the Finance Commission was constituted and whose financial affairs are impacted by the extension. Notification No. S.O. 5417(E) dated December 21, 2023: The previous notification related to the Finance Commission's original tenure.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-24092024-257446 CG-DxLx-xEG-I2D4H0x9x2x0 24-257446 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3826] नई दिल्ली, मगं लवार, जसतम्ब र 24, 2024/आज‍व न 2, 1946 No. 3826] NEW DELHI, TUESDAY, SEPTEMBER 24, 2024/ASVINA 2, 1946 गहृ मत्रं ालय अजधसचू ना नई दिल् ली, 24 जसतम्बर, 2024 का.आ. 4184(अ).—इस मंत्रालय के दिनांक 21 दिसंबर, 2023 की अजधसूचना स.ं का.आ. 5417 (अ). के क्रम म,ें राष्ट्रपजत अडं मान और जनकोबार द्वीप समूह, िािरा और नागर हवेली तथा िमण और िीव, लद्दाख और लक्षद्वीप संघ राज्य क्षेत्रों के जलए गठित जवत्त आयोग के काययकाल को तीन माह की अवजध के जलए, अथायत, 31.12.2024 तक बढात े ह।ै [फा. स.ं 15020/29/2021-प् लाननंग सेल] आिुतोष अजिहोत्री, अपर सजचव 6197 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 24th September, 2024 S.O. 4184(E).—In continuation to this Ministry’s Notification No. S.O. 5417(E) dated the 21st December, 2023, the President is pleased to extend the tenure of the Finance Commission constituted for the Union Territories of Andaman and Nicobar Islands, Dadra and Nagar Haveli and Daman and Diu, Ladakh and Lakshadweep by three months i.e. up to 31.12.2024. [F. No. 15020/29/2021-Plg.Cell] ASHUTOSH AGNIHOTRI, Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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