Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
The grants to RLBs are released in line with the recommendations of the 15th Finance Commission to create community assets and improve financial viability of the RLBs.
The Department of Expenditure in the Ministry of Finance has released an amount of Rs.12,351.5 crore to 18 States to provide grants to the Rural Local Bodies (RLBs).
This amount is the second instalment of basic grants released in the financial year 2020-21, the Department said in a statement.
The grant has been released to 18 States that have provided the Utilisation Certificate for the first instalment on the recommendation of the Ministry of Panchayati Raj.
The grants to RLBs are released in line with the recommendations of the 15th Finance Commission to create community assets and improve financial viability of the RLBs. The grants are provided to all the three tiers of the Panchayati Raj - Village, Block and District - to enable pooling of resources across villages and blocks, it said.
Earlier, the first instalment of basic grants to RLBs and arrears of the 14th Finance Commission amounting to Rs 18,199 crore was released to all the States in June 2020.
Subsequently, the first instalment of tied grants amounting to Rs.15,187.50 crore was also released to all the States.
Thus, a total amount of Rs 45,738 crore of both basic and tied grants has been released so far by the Department of Expenditure to the States for RLBs.
The 15th Finance Commission has recommended two types of grants to the RLBs – basic and tied grants. Basic grants are untied and can be used by the local bodies for location specific felt needs except for salary or other establishment expenditure.
The tied grants can be used for the basic services of -- sanitation and maintenance of Open Defecation Free status -- and supply of drinking water, rain water harvesting and water recycling.
The grants are meant to ensure additional funds to RLBs over and above the funds allocated by the Centre and the State for sanitation and drinking water under the Centrally Sponsored Schemes like Swachh Bharat and Jal Jeevan Mission.
The States are required to transfer the grants to the RLBs within 10 working days of receipt from the government. Any delay beyond 10 working days requires the State governments to release the grants with interest, it added.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
This Women’s Day, we discuss the features of a few financial products that aim to help you save, get insured ...
Sensex, Nifty 50 make a strong bounce-back, but test resistances
Avenue Supermarts (₹3,286.1): Makes fresh all-time highIn October last year, the stock of Avenue Supermarts ...
The exchange-traded fund ticks all boxes as an efficient tool to track gold prices
They are the health warriors who battled the Covid-19 pandemic on the ground, and are now the face of the ...
Uzbekistan’s grandest city dazzles tourists with its history, architecture and food
It’s the birth anniversary of Michelangelo di Lodovico Buonarroti Simoni, one of the great artists and ...
Reading in the loo — flipping through anything, really — appears to help the locomotion
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor