SME Times is powered by   
Search News
Just in:   • Indo-Nepal trade: Let's Wait for the Dust to Settle   • India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor  • PM Modi-Trump phone call 'moment of bonhomie', says former senior Indian official  • India ready to take relationship with EU to next level: PM Modi to Ursula von der Leyen  • India's efforts to shape sustainable future across region lauded at East Asia Summit event 
Last updated: 11 Sep, 2019  

Naidu.9.Thmb.jpg Dilution of Article 370 to accelerate development in J&K: Naidu

Naidu.9.jpg
   Top Stories
» India's contribution to global GDP growth to reach 9 pc by 2035: Govt official
» Centre to help ITIs become AI-driven training centres: FM Sitharaman
» Sensex, Nifty make strong gains amid positive cues after US Fed rate cut
» US Fed decision paves the way for RBI to go for more rate cuts: Analysts
» Piyush Goyal to embark on 2-day UAE visit today
SME Times News Bureau | 10 Sep, 2019

Vice President M. Venkaiah Naidu has asserted that the dilution of Article 370 would accelerate the process of development in the Union Territories of Jammu & Kashmir and Ladakh by paving the way for extension of various schemes and legislations, including 73rd and 74th Constitutional Amendments to strengthen the funds and functions of local bodies.

Interacting with a delegation of a Sarpanches (Village Heads) and Panches (Panchayat Members) from Jammu and Kashmir, in New Delhi on Tuesday, the Vice President pointed out that Article 370 was only a temporary and transitory provision in the Constitution.

Referring to holding of Panchayat elections under the Governors rule in J&K after a long gap, Shri Naidu expressed his happiness that 74% of the electorate voted and that around 3,500 of the 4,483 Panchayats have been elected.

The Vice President said that with dilution of Article 370 the Panchayats would now become more dynamic as the 3Fs - Funds, Functions & Functionaries would be devolved to them. ‘The financial power of Panchayats has also been increased by 10 times enhancing their financial powers up to Rs one lakh,’ he said.

In addition, the Vice President pointed out that the Panchayats were vested with powers to raise their own resources by increasing taxes. “The Panchayats are also now empowered to conduct audit of schemes like ICDS and PMAY to improve the quality of delivery,” he added.

Observing that greater devolution of funds, functions and functionaries would enable 3-tier administrative system to function more effectively, he said that J&K was losing around 4000 Crores for not conducting Panachayat elections as per the norms set by the 14th Finance Commission.

“Now that elections have been conducted, the funds recommended by the Finance Commission will start flowing. I am happy to know that 500 crores have already been released and another 3,000 crores will be released shortly. This will be a big game-changer for Panchayat system,” he added.

The Vice President also suggested that holding elections to local bodies every five years should be made mandatory. “There should be no discretion or scope for the States to either postpone or advance them,” he added.

Stating that effective local governance was key for better implementation of development, and welfare initiatives and for better service delivery, he said that the funds allocated to the local bodies should go into the accounts of Panchayats, municipalities and corporations and spent in accordance with the resolutions of the respective bodies.

The Vice President said that talks with Pakistan would be held only on PoK and asserted that the safety, security and integrity of the nation were paramount for every Indian.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter