Panel formed to advise on finance commission's terms of reference
New Delhi, May 9: The 15th Finance Commission on Wednesday set up an advisory council to assist it in matters related to its terms of reference (ToR).
The panel, to be headed by Forum for Strategic Initiatives President Arvind Virmani, will advise the commission on all relevant issues and subjects and help conduct research studies to enhance the commission's understanding of issues in its ToR, an official statement said.
It will also "help in broadening the commission's ambit and understanding to seek best national and international practices on matters pertaining to fiscal devolution and improving the quality and reach and enforcement of its recommendations", it added.
The other members of the advisory council include Prime Minister's Economic Advisory Council member (part-time) Surjit Bhalla, Ex-Deputy Director (Fiscal Affairs Department) of International Monetary Fund Sanjeev Gupta, National Institute of Public Finance and Policy professor Pinaki Chakraborty, JP Morgan's Chief India Economist Sajjid Chinoy and Credit Suisse India economist and strategist Neelkanth Mishra.
On Monday, a meeting of 11 state finance ministers held in Amaravati described the Finance Commission's ToR as undermining the federal structure and decided to seek President Ram Nath Kovind's intervention to reframe them.
They claimed that the ToR almost penalises states for being progressive and well-performing.
On Tuesday, Congress leader P. Chidambaram urged the finance ministers of all states to sign a memorandum against the ToR.
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Dense fog disrupts operations at Delhi airport; 228 flights cancelled, 5 diverted
New Delhi (PTI): Dense fog disrupted flight operations at Delhi Airport on Monday, with various airlines cancelling 228 flights and diverting five to nearby airports due to low visibility, an official said.
However, except for Air India, which had in an X post in the morning announced the cancellation of some 40 flights, no other airlines, including crisis-hit IndiGo, shared the numbers of their cancelled or delayed flights.
"As many as 228 flights -- 131 departures and 97 arrivals-- have been cancelled due to low visibility, so far," the airport official said.
In addition to this, five flights have been diverted so far, he said.
Earlier, the Delhi International Airport Ltd (DIAL), in a statement, said, "Our on-ground officials are working closely with all stakeholders to assist passengers and provide necessary support across Terminals.
"Low visibility (below minima), due to dense fog, has severely impacted operations at Delhi and other airports across northern India, which is unfortunately beyond our control," IndiGo said in a statement.
As operations are adjusted to prevailing weather conditions, some flights may experience delays, while a few others may be proactively cancelled during the day to prioritise safety and minimise extended waiting at the airport, the airline said in a statement.
IndiGo, however, did not say how many of its flights were cancelled or delayed.
The airline said its teams are "closely monitoring" the situation and coordinating with Delhi airport.
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IndiGo also said it issued advisories to its customers and "proactively" informing them, to minimise inconvenience.
“Poor visibility due to dense fog in Delhi this morning has impacted flight operations for all airlines. We are closely monitoring conditions and will resume operations as soon as it is safe to do so,” Air India said in a post on X in the morning.
It also said that some flights have been cancelled In the interest of safety, and to avoid prolonged uncertainty for the guests, while listing out some 40 arrivals and departures that it had cancelled for the day.
Delhi airport is the country's busiest, handling around 1,300 flight movements daily.
