(i) Entry tax devolution on the basis of the orders of the Government of Chhattisgarh based on the population of urban local bodies as per census of 2001.
(ii) Sanction of grants from the corpus for specific purposes.
(iii) Channeling of grants received from the Government of Chhaltisgarh or State Finance Commission or Central Finance Commission to urban local bodies.
(iv) Intercept mechanism i.e. repayment of instalment of outstanding loan raised by urban local body directly from the Fund to discharge the liability of urban local bodies.
(v) Undertaking responsibility for repayment of instalment of new loans being raised by urban local bodies under the receipts intercept mechanism.
Section 4 • The Chhattisgarh Municipal Urban Development Fund Rules, 2003
4. Objectives of the Fund.
the-chhattisgarh-municipal-urban-development-fund-rules-2003-sec-4.json
•
Section 4
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