Financial devolution to local bodies: role of State Finance Commissions
- 29(40),10 Oct 1994, p.2622-24
Here the author describes that functional decentralisation will remain on paper if a corresponding financial devolutio is not made will be generally accepted. The task of the proposed state finance commissions is to make sure that given the allocation of functions and responsibilities by a state government to its local bodies matching fiancial powers or funds are put at their disposal and that too without too many constricting conditions. However, there could arise the need to supplement the funds of the state government in order to make it possible for them to make adequate develution to their local bodies. This question needs to be referred to the Tenth Finance Commission; it cannot be left to the next financ
State Finance Commissions -- India Finance, Public -- India Local Finance -- India Federal Government -- India