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TMI BlogAllocation of Funds to PanchayatsX X X X Extracts X X X X X X X X Extracts X X X X ..... Allocation of Funds to Panchayats X X X X Extracts X X X X X X X X Extracts X X X X ..... ecommendations and allocations made by respective Finance Commissions. Presently, the recommendations of the Fourteenth Finance Commission (FFC) are being implemented. FFC, during its award period of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2015-2020, has inter-alia, recommended distribution of grants to the States using 2011 population data with weightage of 90 per cent and area with weightage of 10 per cent. FFC has worked out the tota ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l size of the grant amounting to ₹ 2,87,436 crore for the period from 1.4.2015 to 31.3.2020, constituting an assistance of ₹ 488 per capita per annum at an aggregated level. Of this, the g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rant recommended for panchayats (rural local bodies) is ₹ 2,00,292.2 crore. The earmarked basic grants for gram panchayats is envisaged to be distributed, using the formula prescribed by the mos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t recently approved State Finance Commission (SFC) for the distribution of resources. However, in case the SFC formula is not available, then the share of each gram panchayat as specified above is env ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... isaged to be distributed across the entities using 2011 population with a weight of 90 per cent and area with a weight of 10 per cent. This was stated by Shri Jayant Sinha, Minister of State in the M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inistry of Finance in written reply to a question in Lok Sabha. X X X X Extracts X X X X X X X X Extracts X X X X
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