‘Villages should get major share of tax revenue’
The Hindu
Theatre personality and handloom activist Prasanna has opined that villages should get a major share in the tax revenue collected by the government. At a discussion on Gram Swarajya in Hassan on Tuesd
Theatre personality and handloom activist Prasanna has opined that villages should get a major share in the tax revenue collected by the government.
At a discussion on Gram Swarajya in Hassan on Tuesday, he said that in India, a major share of the tax revenue had been utiliszed by the Centre. The provincial governments would get another major share, while local bodies get the least. “Local bodies hardly get 6% of the taxes collected. It is an irony that villages which require maximum funds for the development, get the least”, he said.
Drawing a comparison with the system in China, Mr. Prasanna said in that country villages get 70% of the total taxes collected. The countries which spent the highest amount of funds on rural development had recorded good economic growth.