Amendment status not verified — confirm the current text below against the official source.
The Bill seeks to achieve the above object. _______ STATEMENT OF OBJECTS AND REASONS FOR ACT NO. 11 OF 1993 Oulgaret Commune Panachayat is a large area. Many satellite towns with residential and commercial buildings have sprung up. Many industries have been established in that area thus improving the status of the Commune Panchayat. The revenue of the Oulgaret Commune Panchayat has increased manifold. With people belonging to all walks of life settling in the area, the Commune has cosmopolitan status. Developmental activities are hampared since the provisions as available in the Municipalities Act are not available in the Commune Panchayat Act. Though the Commune Panchayat may have to forego some grants from Government specifically given only to Panchayats, the Commune Panchayat, if upgraded into a Municipality may gain more by enhanced powers and collection of additional taxes like House Tax. The development in Oulgaret area is so fast that the constitution of the Oulgaret Commune Panchayat as Municipality has become inevitable. There is also a demand from people’s representatives to upgrade the Oulgaret Commune Panchayat into a Municipality. It is, therefore, advisable to upgrade the Oulgaret Commune Panchayat as Municipality. For this purpose, Serial No. 1 under the Schedule-I to the Puducherry Village and Commune Panchayat Act, 1973, where the Oulgaret Commune Panachayat was equated to a Commune Panchayat has to be deleted. While notifying Oulgaret Commune as a Municipality, this deletion has also to be carried out by way of an amendment. The Bill seeks to achieve the above objects. _______ 671 STATEMENT OF OBJECTS AND REASONS FOR ACT NO. 5 OF 1994 The Constitution (Seventy-third Amendment) Act, 1992 was passed by the Parliament. This brings amendments in the Constitution of India by inserting a separate chapter relating to Panchayats.