With reference to the Fourteenth Finance Commission, which of the following statements is/are correct? 1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent. 2. It has made recommendations concerning sector-specific grants. Select the correct answer using the code given below.
a
1 only
b
2 only
c
Both 1 and 2
d
Neither 1 nor 2
Finance Commission14th Finance Commission RecommendationsFourteenth Finance CommissionArticle 280Divisible Pool of TaxesY.V. ReddySector-specific grants