International Journal of Humanities and Social Science Research

Authors
Shivakumara Reddy K

Abstract
Mahatma Gandhi favoured village Swaraj or self-rule and strengthening the village panchayat to the fullest extent. It is widely accepted that self-governing institutions at the local level are essential for rural development and national growth. Because of its closeness to the people and location, a local government can plan for social, economic and manpower betterment more efficiently than a central government. The financial resource received in the form of grants from Finance Commission, funds transferred from state government and locally raised taxes are found generally inadequate to meet GPs targets. In this context the present study tries to analyse the trends of finance and revenue and expenditure of GPs in Yelandur taluk. This study is based on both primary and secondary data. Based on the Human Development Report (HDR) 2015, four Grama Panchayats (GPs) in Yelandur taluk were selected for the study. Trends in receipts and expenditure of the select Gram Panchayats were analysed. It is observed that though there is an increase in the flow of funds, there is greater variability in the utilization of funds.