UPSC CURRENT AFFAIRS – 25 November 2024

  UPSC CURRENT AFFAIRS – 25 November 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles   InstaLinks :  Insta Links help you think beyond the  current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …

Urban Civic Bodies

Syllabus: Economics Source:  IE Context: A recent RBI report highlights challenges in municipal corporations’ revenue generation, heavy dependence on government transfers, and insufficient capacity to meet urban development demands.  Data Facts on Urban Civics (Source: RBI Report on Municipal Finances) Property Tax Revenue: Contributes 0.12% of GDP (2023-24). Accounts for 16% of municipal revenue receipts …