Own Source of Revenue
The term "Own Source of Revenue" refers to funds generated independently by local governments in India. It includes taxes, fees, and fines. This revenue empowers municipalities to enhance local services. The 73rd and 74th Amendments to the Constitution promote fiscal autonomy. However, many local bodies rely heavily on state transfers. Effective revenue generation is crucial for sustainable urban development.
The Ministry of Panchayati Raj has launched the Samarth Panchayat Portal to digitize the fiscal management and Own Source of Revenue (OSR) of rural local bodies. The platform...
May 4, 2026
