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📝📝 [The Hindu & Indian Express: 11th January, 2024]: Important Topics of the day🗞🗞
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#Answer_writing_practice

Q.Examine the crucial need for the efficient devolution of finances to empower Panchayati Raj Institutions (PRIs) in achieving their goals. Also, Elaborate the reasons behind the lack of financial resources for PRIs in India. (15Marks, 250 words)
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DAILY UPSC MAINS ANSWER WRITING_11st January 2024.pdf
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Approach

Introduction:
* Briefly introduce the concept of Panchayati Raj Institutions (PRIs) as envisioned by the 73rd Constitutional Amendment Act, 1992 and its objectives.

Body:

Crucial Need for Financial Devolution:
* Explain how financial devolution is essential for functional autonomy.
* Discuss how lack of funds limits PRIs to address local needs effectively.
* Explain how financial autonomy can enhance public participation in planning and execution.


Reasons for Lack of Financial Resources:
* Inadequate Central and State Allocations: Analyze the limitations of current funding mechanisms – grants-in-aid, assigned taxes.
* Inadequate sources of own revenue
* Ineffective State Finance Commissions
* Lack of Capacity Building and Financial Management in PRIs

Conclusion:
Conclude by emphasizing that efficient financial devolution is not just a financial matter but a critical step towards realizing the full potential of Panchayati Raj and empowering rural India.
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11st January_hindi__Imp Articles.pdf
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Renewable energy investments In India to surge, UGC: M.Phil is not a degree course, China Bans Export of Rare Earth Technologies and Climate resilient wheat seeds planted in over 60% of area
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Who among the following scholars were contemporary of Kanishka ?(निम्नलिखित विद्वानों में से कौन कनिष्क के समकालीन थे?)

1. Ashvaghosa(अश्वघोष)

2. Nagarjuna(नागार्जुन)

3. Vasumitra(वसुमित्र)

4. Chanakya(चाणक्य)

Select the correct answer using the code given below:
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