Sign In
Learn bits
Economy
Admin

08/01/21 10:00 AM IST

Urban Local Bodies reforms

In news

Telangana has become the 3rd State in the country to successfully undertake “Urban Local Bodies (ULB)” reform stipulated by the Department of Expenditure, Ministry of Finance. 

Other States

Andhra Pradesh and Madhya Pradesh, have completed this reform.

Aim of the reform

Financial strenghtening of ULBs in the State and to enable them to provide better public health and sanitation services

Objectives
  • The State will notify (a) floor rates of property tax in ULBs which are in consonance with the prevailing circle rates (i.e. guideline rates for property transactions) and (b) floor rates of user charges in respect of the provision of water-supply, drainage and sewerage which reflect current costs/ past inflation.
  • The State will put in place a system of periodic increase in floor rates of property tax/ user charges in line with price increases.
Citizen centric areas identified for reforms
  • Implementation of One Nation One Ration Card System
  • Ease of doing business reform
  • Urban Local body/ utility reforms
  • Power Sector reforms.
Source: PIB

More Related Current Affairs View All

20 Sep

Cabinet clears setting up of National Centre of Excellence in Mumbai for Animation, Visual Effects, Gaming, Comics and Extended Reality

'The Government has recently said that the Animation, Visual Effects, Gaming and Comic (AVGC) sector has the potential to provide employment to over 20 lakh people in the coming 10

Read More

20 Sep

Mini-moon

'According to a new study, the Earth’s gravitational field will temporarily capture a small asteroid, called 2024 PT5, in late September.' The asteroid will stay for two m

Read More

19 Sep

Cabinet clears development of Next Generation of satellite Launch Vehicle

'The Union Cabinet, led by Prime Minister Narendra Modi, has approved the development of the Next Generation Launch Vehicle (NGLV).' The NGLV is set to significantly enhance Ind

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps