https://www.taxtmi.com/news?id=22908 The Fifteenth Finance Commission met the Ministry of Rural Development to consider proposals for a dedicated Maintenance Grant for PMGSY roads for the 2021-26 period. The Commission emphasised the need for recurring, predictable funds for the large PMGSY asset base and indicated post-five year maintenance funding would be addressed in its recommendations, conditioned on resource availability and demonstrable state earmarking. The Ministry's proposal sought eligibility proxies (state backwardness and road length), higher cost norms for hill roads, governance preconditions, separate budget heads, transfers to executing departments, state shares, and utilisation linked releases. en-us Fri, 26 Jun 2020 18:11:09 +0530 Fri, 26 Jun 2020 18:11:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22908 The Fifteenth Finance Commission met the Ministry of Rural Development to consider proposals for a dedicated Maintenance Grant for PMGSY roads for the 2021-26 period. The Commission emphasised the need for recurring, predictable funds for the large PMGSY asset base and indicated post-five year maintenance funding would be addressed in its recommendations, conditioned on resource availability and demonstrable state earmarking. The Ministry's proposal sought eligibility proxies (state backwardness and road length), higher cost norms for hill roads, governance preconditions, separate budget heads, transfers to executing departments, state shares, and utilisation linked releases. News - Fri, 26 Jun 2020 18:11:09 +0530 https://www.taxtmi.com/news?id=22908