Revenue Generation
Revenue generation refers to the process of increasing income for a government or organisation. It can come from various sources. These include taxes, fees, and investments. Effective revenue generation is crucial for funding public services. It supports infrastructure development and social programmes. In India, revenue generation plays a vital role in economic growth. It impacts the overall stability of the nation.
The Reserve Bank of India (RBI) has brought into light the urgent need for municipal corporations (MCs) to...
November 21, 2024