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Financing Cities in India: Municipal Reforms, Fiscal Accountability and Urban Infrastructure

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Review

P.K. Mohanty’s Financing Cities in India is a timely intervention that seeks to address this growing sense of frustration among citizens living in urban India.

(The Hindu, 26 March 2017)

About the Author

Prasanna K. Mohanty is Chair Professor of Economics at the University of Hyderabad and also Honorary Executive Chair at the National Institute of Urban Management and Centre for Good Governance, Hyderabad.
An Indian Administrative Service (IAS) officer, Dr Mohanty retired as Chief Secretary to the Government of Andhra Pradesh in June 2014. He was earlier Mission Director, Jawaharlal Nehru National Urban Renewal Mission, Government of India and Municipal Commissioner of Visakhapatnam and Hyderabad metropolitan cities.
He has a PhD in Economics from Boston University and was a Postdoctoral Fellow, Economics, in Harvard University. He has authored Cities and Public Policy: An Urban Agenda for India (2014) and edited Urbanisation in India: Challenges, Opportunities and the Way Forward (2014), both published by SAGE Publications.

SKU: isbn-9789351508755 Categories: ,

Description

Highlights the potential of cities as major drivers of economic growth and productive employment if municipal finances are managed better.
This book identifies Indian municipalities as among the weakest globally in terms of access to resources, revenue-raising capacity and fiscal autonomy. Advocating reforms in these sectors, it discusses the lack of clarity, consistency, adequacy and predictability in municipal taxation, user charging, inter-governmental transfers and development financing as key factors plaguing city finances.
Topical and up-to-date, the book brings out the need to align particular types of revenues to particular categories of expenditure so that services can be delivered in a responsive, transparent and accountable manner.

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