KPSC Mains Economy

State finances and local finances State finances The constitution (73rd and 74th) Amendment Acts, 1992 and Article 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every state government is required to constitute, once in five years, a Finance Commission … Read more

Rural development initiatives :Karnataka Urban Ashraya/Vajpayee Urban Housing Scheme This is State Sponsored scheme implemented for urban poor and it was introduced by the Government in the year 1991-92. The annual income of the beneficiary is Rs.32,000/-. The beneficiaries are selected by the Ashraya Committee comprising both official and non official members appointed by the … Read more

Planning mechanism and experience in Panchayathi raj institutions Ever since India got freedom in 1947, efforts have been made to strengthen the panchayati raj system to create, in the rural people a sense of participation in the nation-building programme. Article 40 under Directive Principles of State Policy of the Constitution directs the state “to organise … Read more

Planning and Capacity building in Panchayati raj system Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved in implementation … Read more

Micro finance institutions in Karnataka The origin of microfinance in Karnataka dates back to 1984 when Mysore Resettlement and Development Agency (MYRADA), a Non-Governmental Organisation (NGO) engaged in rural development and based in Karnataka, promoted several co-operative societies that extended loans to their members (Fernandez, 2004). Later in the mid-1980s, the National Bank for Agriculture … Read more

Panchayat: Financing, Resource mobilization and devolution Sources of Funds The Amendments left important matters such as implementation, service delivery (including local capacity building) and transfer of responsibilities and powers to rural local bodies at the discretion of the state legislatures. Consequently, while expenditure responsibilities of local bodies are extensively enhanced, there is no law to … Read more

Rural housing schemes in Karnataka Housing is a basic and very important need for every citizen. Housing not only provides social security to human beings but also provides status in the society. Housing has evolved as a prime component over the period of time not only in providing shelter but also providing employment opportunities and … Read more

Five years plan and inclusive growth in Karnataka Karnataka is one of the fastest growing states in India. The natural resources, policy incentives and infrastructure in the state favour investments in the IT/ITeS, biotechnology, engineering, electronics, automotive, textiles, agri and food-processing sectors. Between 2011-12 and 2017-18, the GSDP of the state grew at a Compound … Read more

District Planning Committee and planning The institution of District Planning Committee as envisaged in the 73rd Constitution Amendment Act (73rd CAA) is the realisation of consistent and conscious effort towards decentralised planning since the process of planned development began in the country. The desire for decentralised planning was first expressed way back in the first … Read more

Planning mechanism and experience in Panchayathi raj institutions Ever since India got freedom in 1947, efforts have been made to strengthen the panchayati raj system to create, in the rural people a sense of participation in the nation-building programme. Article 40 under Directive Principles of State Policy of the Constitution directs the state “to organise … Read more