5th Finance Commission Released Rs. 23,848 Cr to PRIs & ULBs

Bhubaneswar : Around Rs.23,848 Cr rupees will be sanctioned to Panchyati Raj Institutions ( PRIs) and Urban Local Bodies per recommendations of 5th State Finance Commission.

This was finalized in the High-Level Monitoring Committee Meeting held under the Chairmanship of Chief Secretary Asit Tripathy in Lokseba Bhawan Conference hall recently.

Development Commissioner Sri Suresh Chandra Mohapatra asked the self government bodies to take up the need based projects having revenue generation potential so as to make those sustainable in the long run. Chief Secretary Sri Tripathy directed the ULBs to diversify their revenue base and achieve six percent increase in annual revenue generation.

Further, Chief Secretary Tripathy directed to release the funds directly to the GPs, Panchayat Samities and Zilla Parishads through PRIASOFT integrated with online Integrated Financial Management System ( IFMS) system. It was decided to transfer the funds in two tranches viz. 1st installment in the month of May-June and 2nd installment in the month of October-November.

It was decided in the meeting that the funds would be utilized for the projects like drinking water, water harvesting structures, sanitation, solid waste management, running of projects through solar power, construction of primary school buildings, maintenance of health sub-centers, Anganwadis, livestock centers, roads, culverts, creation of water bodies in urban areas, establishment of water quality testing labs, critical gap in drainage net work, drainage of storm water and maintenance of other community assets for which no specific maintenance grant is available.