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Rural Bodies Get 2258 CR

Union Government has informed Odisha that it will get Rs.2258 Crore of Grant for its Rural Local Bodies(RLB)s during 2020-21 Fiscal as per recommendations of the Fifteenth Finance Commission (FFC).

While the Department of Expenditure in the Ministry of Finance has issued detailed guidelines for implementation of recommendations has asked the State Government to immediately release the funds to the RLBs.

Centre has said the funds are to be released within 10 days of receipt from the Union Government.

As per Finance Commission Recommendations, Centre allocates grants for five years commencing from 2020-21 to 2024-25.

So with allocation for 2020-21 is notified, allocation for remaining period of the Award Period will be intimated at a later stage, officials say.

Rural Local Bodies constitute Gram Panchayat, Panchayat Samiti and Zilla Parishad, which are receiving grants as per recommendations of FFC.

FFC worked out a total size of grant for both Urban and Rural Local Bodies amounting to Rs.90,000 Crore for 28 States.

However, out of this Corpus, FFC has recommended allocation for Rural Bodies was Rs.60,750 Crore for 2020-21 Fiscal.

While 50 Percent is Untied Grant, which are Basic Grants, rest 50 Percent is Tied Grant, officials say.

So far Odisha is concerned, Basic Grant is Rs.1129 Crore and Tied Grant is Rs.1129 Crore.

Tied Grants will be spent for Sanitation and Maintenance of Open Defecation Free (ODF), Supply of Drinking Water, Rain Water Harvesting and Water Recycling.

RLBs will be spending the funds as per Guidelines issued by Ministry of Finance, said sources.

In order to recommend funds required for local bodies, the State Government appointed Fifth State Finance Commission.

The Fifth State Finance Commission in Odisha has projected the fund requirement for local bodies in the state at Rs 50,282.5 crore during 2020-25.

The Commission has considered it appropriate to limit the total transfer of funds within 10 per cent of the state's own net tax revenue projected for the period 2020-25.
However, FFC has recommended much less amount, officials feel as they say after looking at the annual allocation for 2020-21.
 
 
 
 


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