City Finance Rankings 2022 and City Beauty Competition

  • IASbaba
  • January 2, 2023
  • 0
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Context: Recently, Ministry of Housing and Urban Affairs has launched 2 key initiatives: City Finance Rankings 2022 and City Beauty Competition.

About City Finance Rankings 2022

  • To evaluate, recognize and reward urban local bodies (ULBs) on basis of their strength across 15 indicators and 3 financial parameters: resource mobilization, expenditure performance and fiscal governance systems.
  • Evaluation will be done on the basis of quality of current financial health and improvement with time in financial performance.
  • Cities will be ranked at national level on the basis of their scores under following four population categories-
    • Above 4 million.
    • Between 1-4 million.
    • 100K to 1 million.
    • Less than 100,000.
  • Top 3 cities in each population category will be rewarded.
  • It will help ULBs to identify areas in their financial performance where they can make improvements and able to deliver quality infrastructure and services to its citizens.
  • Rankings will motivate city/state officials and decision makers, to implement municipal finance reforms.

About City Beauty Competition:

  • To encourage and recognize transformational efforts made by cities and wards in India to create beautiful, innovative and inclusive public spaces.
  • Wards and public places of cities would be judged against five pillars-
    • Accessibility
    • Amenities
    • Activities
    • Aesthetics and
    • Ecology
  • Most beautiful public places in cities would be awarded first at State level and then will be shortlisted for award at the National level.
  • It will encourage urban local bodies to improve their basic infrastructure and make urban spaces beautiful, sustainable and inclusive.
  • Participation in the City Beauty Competition is voluntary.

Source: PIB


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