Tag: urban local bodies (ULBs)

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India’s urban centres are ailing due to lack of funds

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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Insights into Editorial: Small grant but a big opportunity for local bodies

    Context: In recent, a potentially game-changing and transformative development went by, almost unnoticed the release of ₹8,453.92 crore to 19 States, as a health grant to rural and urban local bodies (ULBs), by the Department of Expenditure, the Ministry of Finance. This allocation has been made as part of the health grant of …

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