Chairman of the 4th State Finance Commission of Himachal Pradesh, Kuldeep Kumar submitted the final report of the Commission to Chief Minister Virbhadra Singh on Tuesday.
Kumar informed the CM that the Commission has recommended a grant of Rs 858.96 crore for the award period 2012-17, of which Rs 476.48 crore has been recommended for the Panchayati Raj Institutions (PRIs) and Rs 382.48 crore for Urban local Bodies (UlBs). These grants will be utilised by the PRIs and UlBs for meeting out the committed liabilities on revenue account to perform their statutorily assigned and delegated functions and for maintaining the assets transferred to these bodies. He said the Commission collected information on the receipts and expenditure and other related issues from the local bodies for making recommendations on the above stated issues. It also organised block level meetings with the representatives of PRIs and UlBs for seeking constructive feedback to strengthen the local governance.