At the helm of Karnataka’s 5th State Finance Commission stands Sri C Narayanaswamy as Chairperson, alongside members Sri Mohamed Sanaulla IAS (Rtd) and Sri. The appointment, formalized by Notification No. FD 264 exp-6/2022 on October 11, 2023, by the Hon’ble Governor of Karnataka, marks a significant step in the state’s financial governance.
With the mandate to assess and recommend financial allocations and grants for local bodies, the 5th State Finance Commission in Karnataka holds a pivotal role in shaping the fiscal landscape of the state. Sri C Narayanaswamy, the appointed Chairperson, brings a wealth of experience and expertise to the commission, poised to lead the deliberations and decisions towards equitable and efficient distribution of financial resources.
As Karnataka navigates through economic complexities and developmental challenges, the leadership of Sri C Narayanaswamy at the helm of the 5th State Finance Commission inspires confidence in the populace and stakeholders. His stewardship, alongside the seasoned members of the commission, sets a promising course for effective fiscal policies and resource utilization, ultimately driving sustainable growth and development across the state.
(Response: Sri C Narayanaswamy is the Chairman of the 5th Finance Commission in Karnataka.)