A Study Comparing the Strategic Financial Management of a Few Gujarat Municipal Corporations

This study aims to evaluate and contrast the financial performance of two prominent municipal corporations in Gujarat that is Ahmedabad Municipal Corporation (AMC) and Surat Municipal Corporation (SMC) by examining their per capita income and expenditure over the period from 2016-17 to 2020-21. Utilizing secondary data sourced from official government reports and statistical databases, the research applies statistical tools such as Analysis of Variance (ANOVA) to determine the significance of differences observed across the years. The findings highlight fluctuations in per capita financial indicators and reveal that AMC consistently reports higher per capita income and expenditure compared to SMC. The study underscores the importance of strategic financial management in urban local governance and draws attention to the reliance of municipal bodies on external financial sources for sustainable development.

Keywords: Per capita income, Per capita expenditure, Financial Management, Municipal Corporation, Gujarat