Rural local bodies Current Affairs, GK & News

Grants to Rural Local Bodies

According to data released by the Ministry of Finance, the Union government released ₹2,221 crores to the states of Bihar, Karnataka, and West Bengal to provide grants to rural local bodies. Recommendation of 15th Finance Commission In its report, the 15th Finance Commission had recommended that the Union government should provide grants to rural local ..

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15th Finance Commission’s final report

The Fifteenth Finance Commission of India have submitted its final report fir a five-year duration. The report has been submitted with the objective of transforming the financial governance of India’s municipalities. Background The interim report for Financial Year 2020-21 was tabled in Parliament along with Budget 2020-21. The final report for Financial Year 2021-22 to ..

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Finance Ministry releases grants to Rural Local Bodies

The Department of Expenditure of Ministry of Finance has recently released Rs 12,351 crore to 18 States in order to provide grants to the Rural Local Bodies. Highlights The amount is the 2nd instalment of basic grants released in the current financial year. The grant has been released after the states provided the Utilisation Certificate ..

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