15th Finance Commission Meets Representative of PRIs of Punjab

            The 15th Finance Commission headed by Chairman Shri N K Singh, met with over 25 representatives of various Panchayati Raj Institutions (PRIs) in its first meeting during the 3 day visit to Punjab. The Commission had detailed discussion with the representatives and the State Government Officers.

           Status as provided by Punjab on 3Funds Functions and Functionaries :

Punjab Panchayat Raj Act, 1994 is the act provisioning for local self-governance for PRIs

❖ Recommendations of 5th State Finance Commission (SFC) Report are currently in force: It recommended 4% share of net proceeds of all state taxes.

❖ Only 13 functions out of 29 envisaged in the Eleventh Schedule of the Constitution devolved to PRIs

❖ Elections for Panchayats were last held in December 2018.

❖ Number of local bodies at each level of PRI is as below:

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