write note on the panchayat raj act on 1994
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In India, the Panchayati Raj generally refers to the local self-government of villages in rural India as opposed to urban and suburban municipalities, this system was introduced by a constitutional amendment in 1992. Although it is based upon the historical panchayat system of the Indian subcontinent. The recommendation of LM Singhvi Committee (1986) was accepted. This Panchayati Raj system was formalized in 1992,
- Local body grants, as recommended by the Central Finance Commission
- Funds for implementation of centrally sponsored schemes
- Funds released by the state governments on the recommendations of the State Finance Commissions
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Explanation:
- The Panchayat raj (panchayat "village council", raj "rule") is a political system, originating from the Indian subcontinent, found mainly in India, Pakistan, Bangladesh, Sri Lanka, and Nepal.
- It is the oldest system of local government in the Indian subcontinent, and historical mentions date to the 250 CE period.
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