ARRANGEMENT OF BAGA UTSAHA PEDRUWEN TRADITIONAL VILLAGE (BUPDA) AS AN ECONOMIC INSTITUTION OF INDIGENOUS PEOPLES IN BALI
This study examines economic management by prioritizing the values of local wisdom that exist in Balinese Indigenous communities through the establishment of BUPDA (Baga Utsha Pedruwen Desa Adat or Customary Village-Owned Enterprises) in the Aat community in Bali. This research uses normative research methods, normative legal research is a scientific research method to find truth based on scientific logic from the normative side. The results of this study found that the establishment of BUPDA (Customary Village-Owned Enterprises) is a business unit owned by Customary Villages that carries out business activities in the real economy, services, and/or public services, except for businesses in the financial sector. BUPDA is organized based on customary law and managed with modern governance to improve the welfare and independence of Krama Desa Adat and become one of the strategies in managing the potential and assets belonging to Customary Villages in Bali. As an economic institution of indigenous Balinese peoples, BUPDA receives legal protection with the issuance of Law Number 15 of 2023 concerning Bali Province, attention from the Central Government in strengthening and promoting indigenous villages and institutions that accommodate the values of local wisdom.
Strengthening Customary Villages, real businesses, services and public services