Authors :
Rohit Munjral
Volume/Issue :
Volume 5 - 2020, Issue 4 - April
Google Scholar :
https://goo.gl/DF9R4u
Scribd :
https://bit.ly/2yD2oaP
Abstract :
73rd amendment of the Constitution passes a
law in 1993, giving panchayats a constitutional status
which means panchayats are local self governance body,
making them a third tier governance. The purpose of
the study is to analyze the state of finance of the
panchayati raj institution, its making and the role they
play in the working of a three tier government. .The
paper brings out the anomalies in the assignment
between Centre, state and local bodies. Critically
analyze the lack of funding to the local bodies at rural
level.
Keywords :
Decentralization, Rural Finance, Panchayati Raj Institution, Federalism.
73rd amendment of the Constitution passes a
law in 1993, giving panchayats a constitutional status
which means panchayats are local self governance body,
making them a third tier governance. The purpose of
the study is to analyze the state of finance of the
panchayati raj institution, its making and the role they
play in the working of a three tier government. .The
paper brings out the anomalies in the assignment
between Centre, state and local bodies. Critically
analyze the lack of funding to the local bodies at rural
level.
Keywords :
Decentralization, Rural Finance, Panchayati Raj Institution, Federalism.
