GHMC approves Rs 3,800 Cr budget for 2013-14
Hyderabad, Dec 13 (INN): The Standing Committee of Greater Hyderabad Municipal Corporation on Thursday approved the corporation's Rs 3,800 crore budget for the financial year 2013-14.
Addressing a press conference after the Standing Committee's meeting at GHMC Headquarters at Tank Bun, GHMC Mayor Mohammad Majid Hussain and Commissioner MT Krishna Babu informed that the budget for 2013-14 would be of Rs 3,800.
However, the revised budget will be of Rs 2,664 crore. They said that the budget would be presented before the GHMC's General Body for final approval.
The GHMC has allocated Rs 813 crore towards Greater Hyderabad Development Project. The corporation also proposed to spend Rs 100 crore on the construction of storm water drains in its limits while 60 per cent of the spending would be done in the peripheries of Hyderabad.
In addition to Rs 25 crore for water supply and Rs 15 crore for sewerage, the GHMC will spend Rs 30 crore towards Summer Water Action Plan.
The GHMC Commissioner said that although the drinking water supply does not fall into the purview of corporation, funds have been allocated in view of problems being faced by the people in the GHMC limits.
The GHMC has also sanctioned Rs 10 crore to prevent dengue and malaria, Rs 5 crore for Musi River project, Rs 5 crore rain water harvesting and Rs 5 crore for protection of Heritage Buildings.
The Commissioner informed that that a target of collection of Rs 950 crore towards Property Tax has been fixed for 2013-14. They include collection from private and government properties.
A special drive would also be launched to collect the arrears of Rs 700 crore Property Tax and the GHMC teams would be authorised to seize the properties, if required.
News Posted: 13 December, 2012
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