An autonomous research institute under the Ministry of Finance

 

Options for Closing the Revenue Gap of Municipalities 2000/01 to 2004/05

Publication date

Jan, 2000

Details

Report submitted to the Eleventh Finance commission.

Authors

Om Prakash Mathur, Pratishtha Sengupta and Anik Bhaduri

Abstract

The study suggests measures for the augmentation of the Consolidated Fund of the State to supplement the resources of municipalities. After assessing the needs of municipalities, the study estimated the revenue resources that can be tapped by the municipalities under the tax provisions delegated to them. Revenue gap, or the difference between the need and availability of own resources, would indicate the requirement resources to be transferred. The study undertaken for the Eleventh Finance Commission has assessed the revenue gap of municipalities and projected their financial requirement for the time period 2000-01 to 2004-05.

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