UPSC CURRENT AFFAIRS – 14 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. …
Context: The Report on Municipal Finances shows significant improvement since the first edition released two years ago. The latest report examines the fiscal position of 232 municipal corporations from 2019-20 to 2023-24. About Financial Status of Municipal Corporations: (Source: RBI Report on Municipal Finances) Revenue Composition (FY24 Estimates): Own sources (taxes, fees, user charges): 50%. …
GS Paper 2 Syllabus: Devolution of Powers and Finances up to Local Levels and Challenges Therein Source: IE Context: To make Indian cities smarter, the health of municipal finances must be improved. Background: The WB suggests that India will need to invest approximately $840 billion in urban infrastructure over the next 15 years. …
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