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International Journal for Research Trends and Innovation
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Issue: March 2026
Volume 11 | Issue 3
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Impact Factor : 8.14
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Volume Published : 11
Issue Published : 118
Article Submitted : 22135
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Total Authors : 22851
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| Paper Title: | Local Government Finance: A Review of Fiscal Decentralisation in India |
| Authors Name: | Adarsh Patel , Dr. Sunil Kumar Niranjan |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_189340
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| Published Paper Id: | IJRTI2403046 |
| Published In: | Volume 9 Issue 3, March-2024 |
| DOI: | https://doi.org/10.5281/zenodo.11367056 |
| Abstract: | Local governments in India are an integral part of the governance structure. The provision of public goods and services is entrusted with the local bodies due to their superior knowledge of specific public needs and regional requirements. Various functions and responsibilities have been devolved to local governments through 73rd and 74th Constitutional Amendment Acts of 1992 to catalyse the development process. This paper aims to analyse and review the process of fiscal decentralisation. Various researches and empirical studies have been reviewed to develop insight into the effectiveness of fiscal decentralisation in augmenting local governments’ finance and ensuring efficient service delivery. The major themes that emerge from extant literature suggest that for vast countries like India, fiscal decentralisation does not significantly contribute to economic growth. The decentralisation policies have both positive and negative implications, on the positive side, decentralisation improves performance and service delivery, while on the negative side, it increases fiscal imbalance. To utilise fiscal decentralisation as a catalyst of development, there is a strong need to enhance the resources base of local self-governing institutions along with ensuring accountability and adequate observations by higher tiers of government. Local governments need to adopt innovative financing mechanism to fill the resource gap and reduce their reliance on fiscal transfers. |
| Keywords: | fiscal empowerment, local bodies, public service delivery, fiscal discipline |
| Cite Article: | "Local Government Finance: A Review of Fiscal Decentralisation in India", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2456-3315, Vol.9, Issue 3, page no.315 - 325, March-2024, Available :http://www.ijrti.org/papers/IJRTI2403046.pdf |
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| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2403046
Registration ID:189340
Published In: Volume 9 Issue 3, March-2024
DOI (Digital Object Identifier): https://doi.org/10.5281/zenodo.11367056
Page No: 315 - 325 Country: Rae Bareli, Uttar Pradesh, India Research Area: Social Science and Humanities Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2403046 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2403046 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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