Devolution to local bodies

RBI Report: Local governments played a great role in combating the pandemic, but this has now worsened their economic situation. […]

Context: There is a need to reform the 7th Schedule to deliver more powers to local bodies. The 7th  Schedule

Reserve Bank of India (RBI) has released its annual study of state finances. Findings of Report: On State Finance: States’

Evolution of Panchayati Raj System During the Ancient period, the Cholas pioneered the formation of local bodies to oversee the

Why should there be a focus on a decentralised approach? The government has launched various programs like Poshan Abhiyan and

Reforms are suggested by the 15th Finance commission to improve the financial governance of India’s municipalities. Facts: Note: India has 4,500 municipalities out

A municipal bond is a bond issued by a local government, or their agencies. ‘Muni bonds’ are very popular among

Facts: India is on the way to have 69 metropolitan cities by 2025. By 2030, the Mumbai Metropolitan Region will

Why in news? A private member’s bill was introduced in the parliament to provide for direct election, and empowerment of

What is Free, prior and informed consent (FPIC)? Free and Prior informed consent means that the beneficiaries or people affected