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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
Crossref DOI: Available
ISO Certification: 9001:2015
Publication Fee: 599/- INR
Compliance: UGC Journal Norms
License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 05

Published on: May 2026

A STUDY COMPARING THE STRATEGIC FINANCIAL MANAGEMENT OF A FEW GUJARAT MUNICIPAL CORPORATIONS

Jalpa Shah

Dr. Hitesh Harwani

JG University, Ahmedabad, Gujarat
DOI:https://doi.org/10.55041/ijcope.v2i5.851

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Abstract

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

How to Cite this Paper

Shah, J. (2026). A Study Comparing the Strategic Financial Management of a Few Gujarat Municipal Corporations. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i5.851

Shah, Jalpa. "A Study Comparing the Strategic Financial Management of a Few Gujarat Municipal Corporations." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i5.851.

Shah, Jalpa. "A Study Comparing the Strategic Financial Management of a Few Gujarat Municipal Corporations." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i5.851.

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Ethical Compliance & Review Process

  • •All submissions are screened under plagiarism detection.
  • •Review follows editorial policy.
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  • •Peer Review Type: Double-Blind Peer Review
  • •Published on: May 31 2026
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