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Financial Management

Rs.132.51-crore budget for MCN

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Source : The Hindu Date : 13.06.2009

Rs.132.51-crore budget for MCN

Staff Reporter

NELLORE: The Municipal Corporation of Nellore (MCN) has presented a Rs.132.51-crore budget for the year 2009-10 here on Friday. However, the CPI (M) and the Telugu Desam Party counsellors said that the budget was a farce.

Mayor N. Bhanusri, who chaired the budget session, said the allocation last year was Rs. 109 crore and the council has given priority for drinking water, sanitation, roads, education and other sectors. She appealed to the council members to cooperate for the development of the city.

Not satisfied with the budget estimates, Nellore MLA Mungamuri Sridhaha Krishna Reddy asked the council to revise the budget. He asked why the council showed Rs. 15-crore balance in the previous budget while the employees were raising hue and cry for not paying salaries for the past four months.

The MLA appealed to the municipal engineers to take steps for conversion of open drains into storm water drains and prepare estimations for underground drainage system in the city.

MLC Vitapu Balasubramanyam said the municipal authorities are neglecting the schools in which about 11,000 students are studying. Mr. Subramanyam expressed concern over allocation of meagre funds (Rs. 19 lakh) for education in the proposed budget. He asked the corporation officials to develop the city with community involvement and set up citizen forums.

Deputy Mayor M.Venkateswarlu said though the government upgraded the municipality into corporation four years ago, sufficient funds were not allocated to the corporation and the public are forced to put up with with contaminated water, open drainages and bad roads.

TDP whip D. Subba Rao, Congress whip S.Penchal Reddy, BJP whip K. Srinivasulu, Commissioner T.S.R.Anjaneyulu, health officer P.C.V. Subba Raju and others attended the meeting.

Last Updated on Saturday, 13 June 2009 15:11
 

GHMC earmarks Rs 3,159 cr for this fiscal

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Sorurce : The Business Line Date : 27.02.2009

GHMC earmarks Rs 3,159 cr for this fiscal

49% of allocation for weaker sections.

 


Budget allocations

Revenue income has been pegged at Rs 1,377 crore, revenue expenditure at Rs 999 crore and revenue surplus at Rs 378 crore

For weaker sections, 49% of allocation has been earmarked, as against Government norm of 40%

On development of infrastructure and maintenance, 77% of the Budget

Proposals for major projects include Rs 171 cr for road widening, Rs 180 cr for improvements of nalas (storm water drains), Rs 150 cr for the Bus Rapid Transit System, Rs 200 cr for MMTS and Rs 15 cr for beautification of the Musi river


Our Bureau

Hyderabad, Feb. 26 The budget of Greater Hyderabad Municipal Corporation (GHMC) for the year 2009-10 has been pegged at Rs 3,159 crore, an increase of 8.4 per cent over the 2008-09 financial year.

GHMC has pegged revenue income for next year at Rs 1,377 crore, while revenue expenditure has been estimated at Rs 999 crore and revenue surplus at Rs 378 crore.

Addressing a press conference here on Thursday, Mr S.P. Singh, Commissioner, GHMC, and Special Officer & Ex-Officio Principal Secretary to Government, Municipal Administration & Urban Development Department, said, “Out of the Rs 2,160 crore earmarked for capital expenditure, Rs 630 crore has been allotted to provide housing for the poor, Rs 362.82 crore for multi-model transport system, bus rapid system, traffic signals and signage, Rs 525 crore for roads and payments among others, which include provisions for storm water drainage, buildings, land and land improvements, etc.”

He also said that 49 per cent of allocation has been earmarked for the weaker sections as against the Government norm of 40 per cent and 77 per cent of the Budget on development of infrastructure and maintenance. “The Budget allocations are aimed at making Hyderabad slum-free and for the overall development of poor people,” Mr Singh said.

PROPOSALS

The proposals for major projects include Rs 171 crore for road widening, Rs 180 crore for improvements of nalas (storm water drains), Rs 150 crore for Bus Rapid Transit System, Rs 200 crore for MMTS and Rs 15 crore for beautification of the Musi river.

Last Updated on Wednesday, 10 June 2009 05:18
 


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