Q: 57 (CAPF/2024)
question_subject:
Polity
question_exam:
CAPF
The percentage weightage assigned to Forest and Ecology in the devolution formula given by the Fifteenth Finance Commission of India is 10%. This information is confirmed by multiple sources, including the official report and various articles discussing the Finance Commission's recommendations. The 10% weightage is part of the criteria used to calculate the states' share of Union tax revenue, emphasizing the importance of forest conservation and ecological considerations in fiscal planning.