<h1>Fourteenth Finance Commission Allocates Rs. 2,87,436 Crore for Gram Panchayats Based on 2011 Population and Area Data.</h1> Local body grants are allocated to Gram Panchayats via State Governments based on Finance Commission recommendations. The Fourteenth Finance Commission (FFC) is currently guiding this process for 2015-2020, using 2011 population data (90% weight) and area (10% weight) to distribute funds. The FFC has allocated a total of Rs. 2,87,436 crore for this period, with Rs. 2,00,292.2 crore designated for rural local bodies. Basic grants for gram panchayats are distributed according to the latest State Finance Commission formula, or by population and area if no formula exists. This information was provided by the Minister of State in the Ministry of Finance.