In its report tabled in the State Legislature on Tuesday, the three-member commission led by former MP Dr. C. Narayanaswamy has observed that the revenue of the municipal bodies would increase by 52% if they get at least 5% share of the State’s GST revenue. | Photo Credit: FILE PHOTO In a bid to ensure mobilisation of resources for infrastructure development and civic services in urban areas, the Fifth State Finance Commission has recommended that the State government earmark a minimum of 5% of its total GST revenue generated in cities to Urban Local Self Governments, including those coming under Greater Bengaluru Authority. In its report tabled in the State Legislature on Tuesday, the three-member commission led by former MP Dr. C. Narayanaswamy has observed that the revenue of the municipal bodies would increase by 52% if they get at least 5% share of the State’s GST revenue. This would help in linking the revenue of the municipal bodies with the State’s economic growth, states the commission. The commission has indicated that its recommendation stems …