Aeshvry Rajaura

UI4051

India’s municipal governments are among the world’s poorest in resource mobilization and financial autonomy. While transfers from state and Indian governments have increased in recent years, ULBs’ tax bases are limited and rigid. The 74th amendment legislation gives local governments more freedom, but managing massive infrastructure demand requires complete economic autonomy. 
With this backdrop in mind, the study seeks to analyze municipal budgets in the context of infrastructure finance and identify gaps and methods for strengthening municipalities’ financial capabilities. The goal is to examine municipal finances & infrastructure in case cities and make a few broad recommendations for future research.