RBI’s T Rabi Sankar Appointed Part-Time Member of 16th Finance Commission
The appointment of T Rabi Sankar follows the resignation of one of the full-time Members of the XVIFC, Ajay Narayan Jha, on personal grounds.
T Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), has been designated as a part-time Member of the Sixteenth Finance Commission. He will serve as a part-time Member of the Sixteenth Finance Commission from the date of appointment until the Commission submits its report or 31 October 2025, whichever comes earlier. The Finance Commission is constituted by the President under Article 280 of the Constitution, primarily to provide recommendations on the distribution of tax revenues between the Union and the States and among the States themselves.