Finance Commission needs to focus on strengthening local bodies, says Raghuram Rajan https://www.taxtmi.com/news?id=50235 The Finance Commission should prioritise enhanced fiscal devolution by recommending greater transfers from states to municipalities and panchayats, using incentives and conditional measures to strengthen local government capacity; the Commission's constitutional role in reviewing municipal finances and advising states is central to this reform. en-us Wed, 23 Jul 2025 10:46:03 +0530 Wed, 23 Jul 2025 10:46:03 +0530 TaxTMI RSS Generator Finance Commission needs to focus on strengthening local bodies, says Raghuram Rajan https://www.taxtmi.com/news?id=50235 The Finance Commission should prioritise enhanced fiscal devolution by recommending greater transfers from states to municipalities and panchayats, using incentives and conditional measures to strengthen local government capacity; the Commission's constitutional role in reviewing municipal finances and advising states is central to this reform. News - Wed, 23 Jul 2025 10:46:03 +0530 https://www.taxtmi.com/news?id=50235