how deos a village panchayat generate its financial resources ?
Answers
Source of funds are both from state & central . There are separate funds called BRGF called Backward Region Grant Funds . Few funds are routed through schemes like IAY , MNREGA . . Apart from these , there are funds from rural development , MP LADS , MLA LADS , MLC LADS etc . Gram panchayat has various means on how to generate funds for development.
Sources of funds for gram panchayat : Land revenue , tax on toddy ( specifically in South India , tax on vehicles , tax on the industries which are located in geographical boundaries of the village , toll tax , festival tax .
However , Gram Panchayat can claim funds from ngo’s , educational trusts , religious institutions , international agencies for inclusive development of the village. In crisis , the district collector can allocate funds . District development agency is actively involved in this process.
Recently , programs like sansad adarsh yojana had created a lot of enthusiasm in developing model villages which plays the role of catalyst in sourcing funds.
The Gram panchayat had a imbibed philosophy of Gandhian thought of model village with emphasis on self-reliance, just and equitable and non-violent order.His philosophy is based on economic self-reliance, social equality and decentralized political system which gives a strong foundation for self-reliant villages. If villagers can produce their own goods of consumption , say , vegetables , rice,food crops , fruits , pulses etc ,community halls, the cost of monthly expenditure will be reduced drastically , giving a greater option for savings or investments.For example , if villager can cooperate with his /her co-villager in matters of finance , the dependency of funds on authorities will be reduced . Self help groups have contributed to cover the gaps . In simple terms , this can be said as swaraj or the complete republic. .
is an organization which helps in accumulating funds through crowd source funding . Hence , a Gram panchayat can source funds from multiple sources , given that it has a legality and the work is within the system .