New Delhi, Feb. 3 -- Andhra Pradesh Chief Minister Nara Chandrababu Naidu and Finance Minister Payyavula Keshav met the Chairman of the 16th Finance Commission, Arvind Panagariya, in Delhi on Saturday.

While the agenda of the meeting was not disclosed, the discussion is seen as crucial given Andhra Pradesh's focus on securing financial aid and investment for rapid development.

The 16th Finance Commission, headed by Panagariya, is responsible for recommending the distribution of financial resources between the central and state governments for the period 2026-31.

The commission's recommendations play a key role in determining how tax revenues are shared between the Union and the States.

It also sets principles for grants-in-aid from th...