World Bank2014-08-202014-08-202008-03-31https://hdl.handle.net/10986/19524The Government of India (GOI) is committed to strengthening Panchayati Raj Institutions (PRI) with a concerted effort to integrate and secure a central role for the village to district-level governments in World Bank-financed operations. The World Bank is actively seeking ways of achieving a greater degree of internal coherence between Bank-financed operations and consistency with the GOI approach to decentralization. With these objectives as backdrop, the report financing of panchayati raj institutions in World Bank-financed operations provides advice to World Bank task teams and clients for designing appropriate fiduciary mechanisms for PRI financing, ones that are consistent with the GOI constitutional framework and comply with World Bank operational policies and procedures. The report uses findings from a mapping exercise of ongoing Bank-financed operations in Panchayati Raj Institutions, analyzing the public financial management and accountability (PFMA) and procurement arrangements to determine what has or has not worked well and whether any can be replicated or mainstreamed. The report also covers the efficiency issues of panchayati raj institutions dealing with multiple financing sources with a resulting heavyload of reporting requirements; the extent to which existing PRI systems are being utilized or could have been utilized, and the views of PRI staff.en-USCC BY 3.0 IGOACCESS TO INFORMATIONACCOUNTACCOUNT MAINTENANCEACCOUNTABILITYACCOUNTABILITY FRAMEWORKACCOUNTABILITY MECHANISMSACCOUNTABILITY SYSTEMACCOUNTABILITY SYSTEMSACCOUNTANCYACCOUNTANCY FIRMSACCOUNTANTSACCOUNTINGACCOUNTING PRACTICESACCOUNTING RULESACCOUNTING STANDARDSACQUISITIONADMINISTRATIVE COSTSADMINISTRATIVE FRAMEWORKADMINISTRATIVE FUNCTIONSADMINISTRATIVE SUPERVISIONALLOCATIONANNUAL FINANCIAL STATEMENTSANNUAL PERFORMANCEANNUAL PLANSANTI-CORRUPTIONARTICLEASSET MANAGEMENTASSETSATTESTATIONAUDIT FINDINGSAUDIT OFFICESAUDIT REPORTSAUDITED ACCOUNTSAUDITINGAUDITING STANDARDSAUDITORAUDITOR GENERALAUDITORSAUDITSBANK ACCOUNTSBANKSBENEFICIARIESBENEFICIARYBILLSBLOCK GRANTSBUDGET EXECUTIONBUDGET PREPARATIONBUDGETARY ALLOCATIONBUDGETINGCAPACITY BUILDINGCAPACITY-BUILDINGCAPITAL BUDGETCASH BALANCECASH BASISCASH MANAGEMENTCENTRAL FUNDSCENTRAL GOVERNMENTCOMPLAINTCOMPLAINTSCONSENSUS BUILDINGCONSOLIDATIONCONSUMERCONTRIBUTIONSDECENTRALIZATIONDECENTRALIZATION PROCESSDEPOSITDEVOLUTIONDIAGNOSTIC TOOLDISCRETIONDOUBLE ENTRY BOOKKEEPINGECONOMIC DEVELOPMENTEMBEZZLEMENTSEMPLOYMENTENTITLEMENTSEXPENDITURE CATEGORIESEXPENDITURE TRACKINGEXTERNAL AUDITEXTERNAL AUDITSFIDUCIARY RISKFINANCESFINANCIAL ACCOUNTABILITYFINANCIAL CONTROLFINANCIAL DECISIONSFINANCIAL MANAGEMENTFINANCIAL MANAGEMENT ARRANGEMENTSFINANCIAL MANAGEMENT SYSTEMSFINANCIAL PERFORMANCEFINANCIAL POSITIONFINANCIAL REPORTINGFINANCIAL REPORTSFINANCIAL RESOURCESFINANCIAL STATEMENTSFINANCING SOURCESFISCAL CAPACITYFISCAL DECENTRALIZATIONFISCAL TRANSFERSFISCAL TRANSPARENCYFRAUDFRAUDSFUND MANAGEMENTGOOD PRACTICEGOOD PRACTICESGOVERNMENT ACCOUNTSGROWTH RATEINCOMEINFLATIONINFORMATION TECHNOLOGYINITIATIVEINTERNAL AUDITINTERNAL CONTROLINTERNAL CONTROLSINVENTORYJUSTICELAWSLEGAL FRAMEWORKLEGISLATIONLEGISLATIVE SCRUTINYLOCAL GOVERNMENTLOCAL GOVERNMENTSLONG-TERM GOALLONG-TERM PLANNINGLUMP SUMMANDATESMEDIUM-TERM FISCAL PLANMID-TERM REVIEWMINISTERMINISTERSMONETARY AWARDSMUNICIPALITIESNATIONAL ACCOUNTINGNATIONALIZED BANKSPERFORMANCE AUDITSPERFORMANCE MEASUREMENTPERFORMANCE REPORTINGPERFORMANCE REPORTSPOVERTY ALLEVIATIONPRIVATE SECTORPROCUREMENTPROCUREMENT POLICYPRODUCTIVITYPROGRAMSPROPERTY TAXPUBLIC ACCOUNTABILITYPUBLIC ACCOUNTSPUBLIC DEMANDPUBLIC DISCLOSUREPUBLIC EXPENDITUREPUBLIC EXPENDITURESPUBLIC FINANCIAL MANAGEMENTPUBLIC FUNDSPUBLIC RESOURCESPUBLIC WORKSQUALITY AUDITSREMEDIESREPORTING SYSTEMSRESPONSIBILITIESREVENUE MOBILIZATIONREVENUE SOURCESSALARIESSANCTIONSANCTIONSSANITATIONSECTORAL CEILINGSSENIORSERVICE DELIVERYSTAKEHOLDERSSTATE GOVERNMENTSTATE GOVERNMENTSSTATE TREASURYSUBSIDIARYSUPPORT PROGRAMSSURCHARGESTAX COLLECTIONTAX COLLECTIONSTAX RATESTAX REVENUESTECHNICAL ASSISTANCETRANSACTIONTRANSACTION COSTSTRANSPARENCYVALUABLEWAGEWATER SUPPLY10.1596/19524