The 74th Constitutional Amendment Act of 1992 introduced provisions for urban local bodies (Municipalities). Article 243-I specifically deals with the establishment of a State Finance Commission for reviewing the financial position of Municipalities.
The Constitution's 74th (seventy-fourth) Amendment -1992 provides for the setting up of a ____ once in five years, to review the financial position of the municipalities.
Asked in Asst. Town Planner 2022 · Topic: The Finance Commission (Grants-in-aid to states (Article 275 & 282))
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