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Finance commission of India - Important Notes of all Competitive Examination

Finance commission of India formed on 22 Novemeber 1951 and it was established under Article  280 of the Indian Constitution by the President of India. Still that 14th Finance commission appointed. Full details given below. 

1. First Finance commission Established on 1951 Headed by Chairman K.C.Niyogi: Period 1952 - 1957

2. Second Finance commission Established on 1956 Headed by Chairman K. Santhanam: Period 1957 - 1962

3. Third Finance commission Established on 1960 Headed by Chairman A.K.Sanda: Period 1962 - 1966

4. Fourth Finance commission Established on 1964 Headed by Chairman P.V.Rajamannar: Period 1965 - 1969

5. Fifth Finance commission Established on 1968 Headed by Chairman Mahaveer Tyagi: Period 1969 - 1974

6. Sixth Finance commission Established on 1972 Headed by Chairman K.Brahmananda Reddy: Period 1974 - 1979

7. Seventh Finance commission Established on 1977 Headed by Chairman J.M.Shelat: Period 1979 - 1984

8. Eigth Finance commission Established on 1983 Headed by Chairman Y.B.Chavan: Period 1984 - 1989

9. Ninth Finance commission Established on 1987 Headed by Chairman N.K.P. Salve: Period 1989 - 1995

10. Tenth Finance commission Established on 1992 Headed by Chairman K.C.Pant: Period 1995 - 2000

11. Eleventh Finance commission Established on 1998 Headed by Chairman A.M.Kusro: Period 2000 - 2005

12. Twelfth Finance commission Established on 2002 Headed by Chairman C.Rangarajan: Period 2005 - 2010

13. Thirteenth Finance commission Established on 2007 Headed by Chairman Dr.Vijay L.Kelkar: Period 2010 - 2015

14. Fourteenth Finance commission Established on 2013 Headed by Chairman Dr.Y.V.Reddy: Period 2015 - 2020

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