ASSET REGISTER
ASSET REGISTER
The Asset Register is an official record maintained by the Panchayat containing details of all movable and immovable properties owned by it, such as land, buildings, roads, bridges, drinking water sources, vehicles, computers, furniture, and other assets. It records details such as the description, value, location, current condition, and use of the assets. It helps in the protection and proper accounting of the Panchayat’s assets, as well as in auditing, maintenance, and development planning.