| Foreword |
| List of Abbreviations |
| Chapter I: Panchayat Finances in India: An Overview |
| 1. | Introduction |
| 2. | Cross-country Experience in Local Government Finances |
| 3. | Functions and Finances of the PRIs in India |
| 4. | Transparency and e-Governance |
| 5. | Conclusion |
| Chapter II: Fiscal Position of Panchayati Raj Institutions |
| 1. | Introduction |
| 2. | The State of Panchayat Finances |
| 3. | Grants |
| 4. | Conclusion |
| | Annex: Data and Methodology |
| Chapter III: Role of Panchayats in Economic Development |
| 1. | Introduction |
| 2. | Panchayats and Rural Development |
| 3. | Panchayats and Agriculture Development |
| 4. | Role of Panchayats in Health |
| 5. | Role of Panchayats in Education |
| 6. | Panchayats and Women Empowerment |
| 7. | Empowerment of Panchayats |
| 8. | Conclusion |
| Chapter IV: Way Forward |
| References |
| LIST OF BOXES |
| II.1 | Central Finance Commission Grants to RLBs |
| II.2 | State Finance Commission Grants to Local Bodies |
| II.3 | Grants-in-Aid and Horizontal Disparities |
| III.I | Progress under Various Centrally Sponsored Rural Development Schemes |
| III.2 | Saansad Adarsh Gram Yojana |
| III.3 | Status of Panchayat Empowerment in States |
| LIST OF TABLES |
| I.1 | Functions Listed in the 11th Schedule of the Constitution |
| I.2 | Status of State-wise Devolution of 29 Subjects to the Panchayats |
| II.1 | Number of Panchayats |
| II.2 | State-wise Number of Village Panchayats in the Balanced Panel |
| II.3 | Revenue Receipts |
| II.4 | Panchayat Finances - Key Ratios for 2020-23 |
| II.5 | Revenue Expenditure |
| III.1 | Elected Women Representatives in PRIs |
| LIST OF CHARTS |
| I.1 | State-wise Number of PRIs |
| I.2 | Structure of the Rural Local Bodies and their Functions |
| I.3 | Local Government Sources of Revenue |
| I.4 | Grants to Rural Local Bodies by Successive CFCs |
| II.1 | Aggregate Revenue Receipts of Village Panchayats |
| II.2 | Ratio of Revenue Receipts of Panchayats to States’ Own Revenue |
| II.3 | Average Revenue of Village Panchayat |
| II.4 | Own Non-Tax Revenue |
| II.5 | Revenue Expenditure of Panchayats |
| II.6 | Average Revenue Expenditure per Panchayat |
| II.7 | Ratio of Revenue Expenditure to GSDP in 2020-21 |
| II.8 | Revenue Expenditure on Water Supply and Sanitation in 2022-23 |
| II.9 | Share of Capital Expenditure in Total Expenditure |
| II.10 | Composition of Capital Expenditure in 2022-23 |
| II.11 | Ratio of Revenue Expenditure to Capital Expenditure |
| II.12 | Components of Revenue of Panchayats in 2022-23 |
| II.13 | Components of State’s Revenue Receipts in 2022-23 |
| III.1 | Implementation of Sustainable Development Goals (SDG) in Gram Panchayats in 2022-23 |
| III.2 | State-wise Average Panchayat Health, Nutrition and Sanitation Score and Infant Mortality (2018-19) |
| III.3 | Shortfall in Primary Health Facilities in Rural Areas |
| III.4 | State-wise Percentage of Children aged 6-14 Years Enrolled in Government Schools |
| APPENDICES |
| I | Revenue Receipts of Village Panchayats |
| II | Revenue Expenditure of Village Panchayats |