Fiscal Empowerment of Panchayats in India: Real or Rhetoric?

M Devendra Babu
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M Devendra Babu: Institute for Social and Economic change

No 229, Working Papers from Institute for Social and Economic Change, Bangalore

Abstract: The focus of this paper is to review the financial position of panchayats in India. The analysis is based on the secondary sources of information. It reveals that the panchayats have very little fiscal autonomy. The locally raised revenues are very negligible. The funds flow from higher level governments are very low and lack any devolution design or principles. The transfers are made at the convenience and mercy of such governments.

Keywords: Local Governance; Local Government Finance; Fiscal Empowerment (search for similar items in EconPapers)
Pages: 21 pages
Date: 2009
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