Finances of Panchayati Raj Institutions

News Financial services English Reports

Date: 24th Jan, 2024 Source: Reserve Bank of India Country: India Original Source

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Summary:

The Reserve Bank of India has published a report titled "Finances of Panchayati Raj Institutions"" based on data from 2.58 lakh Panchayats for 2020-21 to 2022-23. The report highlights the limited revenue sources of Panchayats

Today, the Reserve Bank of India (RBI) released its Report titled “Finances of Panchayati Raj Institutions”. Drawing upon data on 2.58 lakh Panchayats for the years 2020-21 to 2022-23, it presents an assessment of their finances and their role in India’s socio-economic development. Highlights: Panchayats’ own sources of revenue are limited, mainly property taxes, fees

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Reserve Bank of India

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Finances of Panchayati Raj Institutions

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Finances of Panchayati Raj Institutions

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Reserve Bank of India

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