[Jan] Urban Local Bodies (ULB) reforms.

Question 1

States who have undertook ULBRs?

Answer 1

• Andhra Pradesh, Madhya Pradesh, Manipur and Telangana, who have completed ULB reforms.
• Rajsthan recently joined

Question 2

Implications?

Answer 2

• eligible for additional reform linked borrowing
• granted permission by the Department of Expenditure to mobilise additional financial resources of Rs.2,731crore through Open Market Borrowings.

Question 3

set of reforms stipulated by the Department of Expenditure are:?

Answer 3

The states will notify:

Floor rates:Base rate/minimum rate

Floor rates of property tax in ULBs which are in consonance with the prevailing circle rates (i.e. guideline rates for property transactions) and;

Floor rates of user charges in respect of the provision of water-supply, drainage and sewerage which reflect current costs/past inflation.

The State will put in place a system of periodic increase in floor rates of property tax/ user charges in line with price increases.

Question 4

centre had identified four citizen centric areas for reforms,which are they?

Answer 4

• Implementation of One Nation One Ration Card System
• Ease of doing business reform
• Urban Local body/ utility reforms
• Power Sector reforms.

Question 5

Update

Answer 5

goa became 6th state (feb 12)