According to the recommendation of 14th Central Finance Commission (CFC), each statutorily constituted Gram Panchayat will receive grant.
During the 5 year period of 14th Finance Commission i.e. 2015-16 to 2019-20, Malda district has received total grants amounting to Rs.4,68,92,91,723.00 in the form of Basic Grant (eight instalments), Performance Grant and Penal Interest against delayed payment.
According to the guideline of 14th CFC, the grant has two components: a) Basic Grant (90 %) and b) Performance Grant (10%). Again 90% of Basic Grant is calculated on the population of Gram Panchayat and 10% on it’s geographical area. Whereas, Performance grant is conditional and allotted on the basis of performance of previous year and given in next year.