Financial Empowerment of PRIs: Measures and Challenges
Strengthening the financial autonomy of Panchayati Raj Institutions (PRIs) involves measures such as decentralization of funds, improved revenue-generating capabilities, and enhanced fiscal management. However, challenges include inadequate resources, dependence on state grants, and limited financial literacy at the grassroots level.
Challenges
- Inadequate Devolution of Powers: Despite constitutional provisions, the actual devolution of functions, funds, and functionaries remains incomplete in many states. Limited financial autonomy due to dependency on state transfers and central grants.
- Low Own Source Revenue: PRIs struggle to generate significant Own Source Revenue (OSR) due to weak tax base, lack of proper records, and inefficiencies in tax collection. Reluctance ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Constitution, Polity & Governance
- 1 Significance of DPSP in promoting Social Justice in India
- 2 Special Category States: Demand for Additional Finance
- 3 Discretionary Powers of Governors
- 4 Digitalization: A Game Changer for Local Governments
- 5 Fostering Decentralized Governance: Role of Sixth Schedule
- 6 India’s Criminal Law Overhaul: Impact on Criminal Justice System
- 7 Uniform Civil Code
- 8 Civil Services Capacity Building: Challenges and Opportunities
- 9 Governor’s Discretionary Powers: Relevance and Issues
- 10 Basic Structure Doctrine of Indian Constitution
