What is the percentage weightage assigned to Forest and Ecology in the devolution formula given by the Fifteenth Finance Commission of India for sharing of Union tax revenue with the States?

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Q: 57 (CAPF/2024)
What is the percentage weightage assigned to Forest and Ecology in the devolution formula given by the Fifteenth Finance Commission of India for sharing of Union tax revenue with the States?

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.