• ISBN13: 9788171560899
• Binding: Hardcover
• Subject: Politics and Current Affairs
• Publisher: Atlantic Publishers & Distributors (P) Ltd
• Publisher Imprint: N/A
• Publication Date: October 15, 1988
• Pages: 238
• Original Price: INR 200.0
• Language: English
• Edition: N/A
• Item Weight: 230 grams

With the growing pace of urbanization and the continuing accent on democratic decentralisation, the local authorities have assumed their importance and they can be assigned a useful and effective role in implementing local development programmes. But finance is the key determining factor and this is what the author has sought to study about. The author has examined some very controversial issues relating to devolution of resources in depth. The general apathy of the higher level of governments in giving grants and loans to the lower level of governments has also been verified. The author contends that the rate of growth of economic development can be accelerated if local governments are associated with the planning process and has suggested the ways in which federal fiscal devolution can help to achieve the broader economic and social objectives. Credit goes to the author in examining urban local finance rather neglected in the study of government finances which now seeks to concentrate on the finances of union and state governments only.

Dr. O.P. Sharma has held a number of research assignments and has been teaching postgraduate classes for the last 17 years and guiding research at the Punjabi University. He has considerable volume of published work to his credit including several books and research papers published in professional journals.