Dr Vijay Kelkar, the architect of many recent economic reforms, said that the Government of India needs to share a large part of the GST revenues with the municipal corporations to enable the city economies to become more productive and efficient while speaking at a ceremony to celebrate the 63rd Foundation Day of All India Management Association (AIMA), the apex body of India’s management fraternity.
Kelkar received the AIMA Public Service Excellence on the occasion from Hardeep Singh Puri, Minister of State (Independent Charge) for Housing and Urban Affairs. Kelkar requested the minister to persuade his party to make the necessary changes in the constitutions to allow devolution of taxes to the third level. The Minister agreed with Kelkar and said that the future of urbanization was in the empowerment of the urban bodies.
Source: http://indiaeducationdiary.in/give-large-part-gst-municipal-corporations-kelkar/
