[Answered] The scale of municipal finances in India is undoubtedly inadequate. Measures are required to improve the revenue of ULBs for better infrastructure and services. In the light of the statement, highlight the hurdles facing ULBs in resource mobilization.

Introduction: Contextual introduction. Body: Write some hurdles faced by ULBs in resource mobilization. Conclusion: Write a way forward. The 74th Constitution Amendment Act, 1992 mandates the setting up and devolution of powers to urban local bodies (ULBs) as the lowest unit of governance in cities and towns. ULBs’ key revenue sources are taxes, fees, fines and charges,… Continue reading [Answered] The scale of municipal finances in India is undoubtedly inadequate. Measures are required to improve the revenue of ULBs for better infrastructure and services. In the light of the statement, highlight the hurdles facing ULBs in resource mobilization.