Over the period of next six financial year (2020-21 to 2025-26), an amount of Rs 23,848 crore for the Panchayati Raj Institutions (PRIs) and Urban Local Bodies (ULBs) in the state of Odisha has been recommended by the 5th State Finance Commission of Odisha on 7th July 2020.
- These funds allocated will be for strengthening the ULBs and PRIs in the state financially so that various developmental projects and maintenance of existing assets can be taken up by these institutes and bodies.
- Projects on which the funds will be invested by PRIs and ULBs: drainage networks, sanitation, drinking water, solid waste management, maintenance of public Health Sub Centers and Anganwadis, construction of roads, etc.
Breakdown of the Rs 23,848 crore funds
- Rs 15,715.60 crore for Panchayat Raj Institutions
- Rs 8,132.52 crore for Urban Local Bodies
- These funds will be transferred directly into the bank accounts of Panchayati Raj Institutions (Gram Panchayats, Panchayat Samitis, and Zilla Parishads) by using ‘PRIA Soft’- Panchayati Raj Institutions Accounting Software. PRIA Soft for the fund transfer will be integrated with the IFMS- Integrated Financial Management System.
- This Funds to be transferred in two tranches in a financial year: The first tranche will be released in the months on May-June while in the month of October-November the second tranche will be released.
- For the second tranche to be released, the ULBs and PRIs will have to complete 30 percent of the work they had taken up under the first tranche provided in the financial year.
No comments:
Post a Comment