Cash-starved civic bodies struggle to take up public works; generate only 32% revenue from own sources: CAG
A series of audits by the Comptroller and Auditor General (CAG) have revealed that urban local bodies (ULBs) across India are grappling with financial instability, generating only a third of their revenue independently and relying heavily on state and central funding.
A series of audits by the Comptroller and Auditor General (CAG) have revealed that urban local bodies (ULBs) across India are grappling with financial instability, generating only a third of their revenue independently and relying heavily on state and central funding. What's Your Reaction?
