Local government finance assessment

India’s urban areas are considered ‘engines of growth’ as they contribute to nearly two-thirds of economic growth. Adequate financing is essential to enable municipal governments to fulfill their mandate of various services and functions assigned to them. Unlike for the national and state governments, the Indian Constitution does not specify distinct fiscal resources for local governments. CWAS has conducted many studies and looked at ways in which the municipal governments in India can raise their revenue. Reports are prepared on assessment of municipal finance to help in increase their pool of financial resources. Various city budgets are thoroughly analysed to understand the financial condition of local government.