Analysis of Financial Performance of Municipal Corporation, Chandigarh

Clicks: 2
ID: 283946
2025
Free PDF
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Steady

Ranked #56 of 70 articles by views in International Journal of Integrated Research and Practice

Most read Least read

Bar heights use a square-root scale.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Sign in to mint
Abstract
This research study analyzes the financial performance of the Municipal Corporation of Chandigarh (MCC) based on the Municipal Performance Index 2019 and focusing on income management, spending management, fiscal decentralization, and fiscal responsibility. The study's foundation is secondary data gathered from MCC's 2016–2018 profit and loss statements and annual budgets. The results show that MCC's lack of planning and consistency in its revenue and expenditure management results in budget deficits. While capital expenditure per capita has been dropping, indicating an imbalance between population growth and infrastructure investment, the ratio of own revenue to total revenue has been rising, indicating healthy financial growth. The research paper also points out problems with fiscal decentralization, most notably how transparency and public confidence are weakened by the public's inability to view audited accounts. MCC has a BBB credit rating, but its financial flexibility is limited because it hasn't issued any new bonds. According to the study, MCC can raise its credit rating by selling bonds, publishing audited financial statements, improving budget planning, allowing the public to participate in the budgeting process, and implementing a unified accounting system. The analysis is restricted to information from 2016 to 2018 and concentrates only on the Municipal Performance Index's financial component. The report emphasizes how crucial sound financial management is to local administration and how this affects Indian municipal corporations' overall success.
Reference Key
imported_1760529526_68ef8c7653ff2 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Ms. Komal
Journal International Journal of Integrated Research and Practice
Year 2025
DOI
10.25215/31075037.012
URL
https://ijirp.org/index.php/files/article/view/24
Keywords Keywords not found

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

Comments

No comments yet. Be the first to comment on this article.