Financing of Panchayati Raj Institutions in World Bank-Financed Operations

The Government of India (GOI) is committed to strengthening Panchayati Raj Institutions (PRI) with a concerted effort to integrate and secure a central role for the village to district-level governments in World Bank-financed operations. The World...

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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESS TO INFORMATION ACCOUNT ACCOUNT MAINTENANCE ACCOUNTABILITY ACCOUNTABILITY FRAMEWORK ACCOUNTABILITY MECHANISMS ACCOUNTABILITY SYSTEM ACCOUNTABILITY SYSTEMS ACCOUNTANCY ACCOUNTANCY FIRMS ACCOUNTANTS ACCOUNTING ACCOUNTING PRACTICES ACCOUNTING RULES ACCOUNTING STANDARDS ACQUISITION ADMINISTRATIVE COSTS ADMINISTRATIVE FRAMEWORK ADMINISTRATIVE FUNCTIONS ADMINISTRATIVE SUPERVISION ALLOCATION ANNUAL FINANCIAL STATEMENTS ANNUAL PERFORMANCE ANNUAL PLANS ANTI-CORRUPTION ARTICLE ASSET MANAGEMENT ASSETS ATTESTATION AUDIT FINDINGS AUDIT OFFICES AUDIT REPORTS AUDITED ACCOUNTS AUDITING AUDITING STANDARDS AUDITOR AUDITOR GENERAL AUDITORS AUDITS BANK ACCOUNTS BANKS BENEFICIARIES BENEFICIARY BILLS BLOCK GRANTS BUDGET EXECUTION BUDGET PREPARATION BUDGETARY ALLOCATION BUDGETING CAPACITY BUILDING CAPACITY-BUILDING CAPITAL BUDGET CASH BALANCE CASH BASIS CASH MANAGEMENT CENTRAL FUNDS CENTRAL GOVERNMENT COMPLAINT COMPLAINTS CONSENSUS BUILDING CONSOLIDATION CONSUMER CONTRIBUTIONS DECENTRALIZATION DECENTRALIZATION PROCESS DEPOSIT DEVOLUTION DIAGNOSTIC TOOL DISCRETION DOUBLE ENTRY BOOKKEEPING ECONOMIC DEVELOPMENT EMBEZZLEMENTS EMPLOYMENT ENTITLEMENTS EXPENDITURE CATEGORIES EXPENDITURE TRACKING EXTERNAL AUDIT EXTERNAL AUDITS FIDUCIARY RISK FINANCES FINANCIAL ACCOUNTABILITY FINANCIAL CONTROL FINANCIAL DECISIONS FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT ARRANGEMENTS FINANCIAL MANAGEMENT SYSTEMS FINANCIAL PERFORMANCE FINANCIAL POSITION FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL STATEMENTS FINANCING SOURCES FISCAL CAPACITY FISCAL DECENTRALIZATION FISCAL TRANSFERS FISCAL TRANSPARENCY FRAUD FRAUDS FUND MANAGEMENT GOOD PRACTICE GOOD PRACTICES GOVERNMENT ACCOUNTS GROWTH RATE INCOME INFLATION INFORMATION TECHNOLOGY INITIATIVE INTERNAL AUDIT INTERNAL CONTROL INTERNAL CONTROLS INVENTORY JUSTICE LAWS LEGAL FRAMEWORK LEGISLATION LEGISLATIVE SCRUTINY LOCAL GOVERNMENT LOCAL GOVERNMENTS LONG-TERM GOAL LONG-TERM PLANNING LUMP SUM MANDATES MEDIUM-TERM FISCAL PLAN MID-TERM REVIEW MINISTER MINISTERS MONETARY AWARDS MUNICIPALITIES NATIONAL ACCOUNTING NATIONALIZED BANKS PERFORMANCE AUDITS PERFORMANCE MEASUREMENT PERFORMANCE REPORTING PERFORMANCE REPORTS POVERTY ALLEVIATION PRIVATE SECTOR PROCUREMENT PROCUREMENT POLICY PRODUCTIVITY PROGRAMS PROPERTY TAX PUBLIC ACCOUNTABILITY PUBLIC ACCOUNTS PUBLIC DEMAND PUBLIC DISCLOSURE PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCIAL MANAGEMENT PUBLIC FUNDS PUBLIC RESOURCES PUBLIC WORKS QUALITY AUDITS REMEDIES REPORTING SYSTEMS RESPONSIBILITIES REVENUE MOBILIZATION REVENUE SOURCES SALARIES SANCTION SANCTIONS SANITATION SECTORAL CEILINGS SENIOR SERVICE DELIVERY STAKEHOLDERS STATE GOVERNMENT STATE GOVERNMENTS STATE TREASURY SUBSIDIARY SUPPORT PROGRAMS SURCHARGES TAX COLLECTION TAX COLLECTIONS TAX RATES TAX REVENUES TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS TRANSPARENCY VALUABLE WAGE WATER SUPPLY
Online Access:	http://documents.worldbank.org/curated/en/2008/03/9802955/india-financing-panchayati-raj-institutions-world-bank-financed-operations http://hdl.handle.net/10986/19524

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Summary:	The Government of India (GOI) is committed to strengthening Panchayati Raj Institutions (PRI) with a concerted effort to integrate and secure a central role for the village to district-level governments in World Bank-financed operations. The World Bank is actively seeking ways of achieving a greater degree of internal coherence between Bank-financed operations and consistency with the GOI approach to decentralization. With these objectives as backdrop, the report financing of panchayati raj institutions in World Bank-financed operations provides advice to World Bank task teams and clients for designing appropriate fiduciary mechanisms for PRI financing, ones that are consistent with the GOI constitutional framework and comply with World Bank operational policies and procedures. The report uses findings from a mapping exercise of ongoing Bank-financed operations in Panchayati Raj Institutions, analyzing the public financial management and accountability (PFMA) and procurement arrangements to determine what has or has not worked well and whether any can be replicated or mainstreamed. The report also covers the efficiency issues of panchayati raj institutions dealing with multiple financing sources with a resulting heavyload of reporting requirements; the extent to which existing PRI systems are being utilized or could have been utilized, and the views of PRI staff.

Financing of Panchayati Raj Institutions in World Bank-Financed Operations

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