The Sixteenth Finance Commission, led by Arvind Panagariya, set up a five-member Advisory Council aimed at expanding the scope of the Commission's work. Members of Advisory Council Poonam Gupta -- Chief of the panel DK Srivastava Neelkanth Mishra Pranjul Bhandari Rahul Bajoria Role and Functions of Advisory Council The statement regarding the role and functions of the Advisory Council outlined …