An important feature to note is. Highlights 1 all municipal bodies are required to maintain a fund, and operate it within the framework set out for its use in the state municipal legislations. The inception of the municipal corporation, however, dates back much.
Own sources of revenue generation in municipal corporations: Ranchi municipal corporation jharkhand and is administered by the ranchi municipal corporation (rmc). With the rapid urbanisation of cities and the increasing pressure on municipal infrastructure, effective public financial management (pfm) has become a vital factor for sustainable urban.
Fiscal position of municipal corporations.