Finances of Panchayati Raj Institutions (PRIs) face constraints as they have limited own revenues from property taxes, fees and fines. Nearly all of their revenues are generated through grants from higher levels of government, underscoring their heavy reliance on the central and state governments, as per the report on 'Finances of Panchayati Raj Institutions' by the Reserve Bank of India (RBI). Read The Rest at :
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