Meghalaya yet to constitute State Finance Commission
The 74th Constitutional Amendment Act mandates the constitution of State Finance Commission every five years to determine sharing of revenue between the State and the Local Bodies.
As per Section 3(1) of the Act, the State Government shall as soon as may be one year from the enactment of the Act and thereafter at the expiry of every fifth year constitute a body to be known as the Meghalaya State Commission to review the financial position of the traditional bodies, municipalities or municipal boards notwithstanding any term by which ULBs are called in the State.
Though Government of Meghalaya enacted the Meghalaya State Finance Commission Act, 2012 on 30th March 2012 and framed the Meghalaya Finance Commission Rules, 2013 (notified in December 2013) as per Section 10 of the Act, the State Government has not constituted the State Finance Commission (August 2022).
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