- While 2013-14 was the base year for overall financial analysis and projections, the year 2012-13 was the latest year included in the data used for calculating the highly weighted Income Distance criterion. - In the absence of 2013-14 as an option, 2012-13 is the most likely intended answer representing the latest year of actual data significantly used in the Commission's calculations for resource devolution criteria.
Which year is taken as the basis for resources for making recommendations by the 14th Finance Commission ?
Asked in APPSC Group 1 Prelims 2016 · Topic: The Finance Commission (Key recommendations and their impact on state finances)
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