banking
services chronicle magazine published this article page no The 14th Finance Commission gave
recommendations for assured transfers to Local Bodies for a period of five
years (2015-16 to 2019-20). A total of Rs. 87143.80 crores will be transferred
to Municipalities during the award period. Second Tier AMRUT Reforms consisted
of launch of I I Urban Management and governance reforms comprising of 54
milestones. These reforms have been achieved by all the States / cities. Hence
five more have been added to the new list of AMRUT New Reforms which included
Value Capture Financing credit rating and Municipal bonds municipal cadre
profession trust and verify approach for frontline services like building
permissions and land titling. banking
services chronicle magazine
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