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Rangarajan joins finance panel

Our Bureau

NEW DELHI: Dr C. Rangarajan, who demitted the office of Governor of Andhra Pradesh on Friday, has assumed the charge of Chairman, Twelfth Finance Commission.

The commission, which has been set up under Article 280 of the Constitution of India, is required to submit its recommendations regarding devolution of funds between the Central and the State Governments by July 31, 2004.

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