The Finance Commission has observed that the GDP numbers have somewhat fluctuated within the overall global trend which suggests continued high growth trend over the medium term. <br />''<br />''The Commission has also noted that the revenue projections on the Direct Taxes are healthy though on Indirect Taxes, there have been periodic fluctuations.<br />''<br />''The observation came during discussions between the Finance Ministry and the Finance Commission on the overall economic situation, fiscal management and key economic variables.<br />''<br />''Discussions were also held on GST issues, local body grants and population data.<br />''<br />''<span style="color: #222222;">On the expenditure trend, there were discussions in regard to the rationalisation of the Centrally Sponsored Schemes in sync with the new life cycle.</span><br />