grants matter - livemint.com · the 13th finance commission recommends that 2.5% of the previous...
Post on 19-Aug-2018
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The 13th Finance Commission recommends that 2.5% of the previous year's tax revenues be given to local bodies in the form of grants.
Basic grant and total special areas grant(in %)
Performance grant(in %)
Aggregate grants to local bodies (Rs crore)
GRANTS MATTER
Source: 13th Finance Commission
1.5 1.5 1.5 1.51.52010-11 2011-12 2012-13 2013-14 2014-15
0.5
8,182 12,724 18,654 22,004 25,955
1 1 1 1
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