State Finances And Local Finances

 State finances and local finances State finances The constitution (73rd and 74th) Amendment Acts, 1992 and Article 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every state government is required to constitute, once in five years, a … Read more

DMPQ: Member of Parliament Local Area Development Scheme.

The Members of Parliament Local Area Development Scheme (MPLADS) was launched on 23rd December, 1993. Initially, Ministry of Rural Development was the Nodal Ministry for this scheme. In October, 1994 this scheme was transferred to the Ministry of Statistics and Programme Implementation. Salient features of the scheme are: It is a centrally plan scheme. Funds … Read more

State Finances And Local Finances

 State finances The constitution (73rd and 74th) Amendment Acts, 1992 and Article 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every state government is required to constitute, once in five years, a Finance Commission under articles 243 (I) … Read more