01239pab a2200193 454500 180718b2003 xxu||||| |||| 00| 0 eng d Sarada, A. Financial management for decentralised governance 2003 p.693-710. Oct-Dec The local bodies, both rural and urban, do not have many resources of revenue and mainly depend on the resources from state governments. As a result these institutions of decentralised governance are under severe financial constraint. One of the traditional ways of safeguarding the fiscal balance is through a strict adherence to appropriate budgeting techniques and procedures. The same financial prudence is relevant for the management of finances of local bodies as well, since they have emerged as a major entity in implementing developmental activities at the local level. With growing revenue and fiscal deficit year after year, the enactment of necessary legislation for fiscal responsibility assures greater importance. - Reproduced. Public administration Decentralization Financial administration Indian Journal of Public Administration N 61577 61577 61577 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 49, Issue no: 4 AR62027 2018-07-19 2018-07-19 AR