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| - The Constitution (Distribution of Revenues) Order, 2003 in Constitution of India, 1950

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The Constitution (Distribution of Revenues) Order, 2003.

1THE CONSTITUTION (DISTRIBUTION OF REVENUES) ORDER, 2003

"C.O.191

In exercise of the powers conferred by article 275 of the Constitution, read with section 36 of the Madhya Pradesh Reorganisation Act. 2000 (28 of 2000), section 41 of the Uttar Pradesh Reorganisation Act, 2000 (29 of 2000) and section 40 of the Bihar Reorganisation Act, 2000 (30 of 2000), the President hereby makes the following Order:--

1. This Order may be called the Constitution (Distribution of Revenues) Order, 2003.

2. The General Clauses Act, 1897 (10 of 1897) shall apply for the interpretation of this Order as it applies for the interpretation of a Central Act.

3 The Local Bodies (Panchayati Raj Institutions and Urban Local Bodies) grants recommended by Eleventh Finance Commission for the period 2000-05 have been divided on the basis of the relative proportion of rural and urban local bodies in the successor States as follows :--


Sl. No.



State



Share of the State in


Grants for



Grants for Urban


Panchayati Raj Institutions



Local Bodies


(Rupees in Crores)

1.

Bihar

543.75

67.07

2.

Jharkhand

241.29

26.83

3.

Madhya Pradesh

505.47

127.40

4.

Chhattisgarh

210.00

28.61

5.

Uttar Pradesh

1167.13

227.89

6.


Ultaranchal


152.00



23,74


4. One fifth of amount of these grants shall be released to the States each year on an "on account" basis in accordance with the stipulations prescribed in the guidelines for utilisation of local bodies grants issued by the Ministry of Finance and Company Affairs. The amounts released during each year shall be regularised through the issue of Presidential Order at the end of the financial year.

5. The unutilised grant for a particular year may be carried forward to next year and the grant which remains unutilised will be credited to the Incentive Fund during 2004-05 under the Slates' Fiscal Reforms Programme.

_________________________________

1. Published with the Ministry of Law, Justice and Company Affairs, Notification No. G.S.R. 112(E), dated the 18 February 2003, Gazette of India, Extraordinary, 2003, Part, II, Section 3,sub-section (i).

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