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Finances of the Panchayati Raj Institutions

Today, the Reserve Bank of India (RBI) released its Report titled “Finances of Panchayati Raj Institutions”. Drawing upon data on 2.58 lakh Panchayats for the years 2020-21 to 2022-23, it presents an assessment of their finances and their role in India’s socio-economic development.

Highlights:

This report has been prepared in the Division of Local Finances in the Department of Economic and Policy Research. It is available on the Reserve Bank’s website (www.rbi.org.in). Comments and suggestions on the Report may be sent to the Director, Division of Local Finances, Department of Economic and Policy Research, Reserve Bank of India, M. M. Marg, Mumbai Central, Mumbai – 400 008. Comments can also be forwarded via e-mail.

Press Release

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