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Municipal Finance

AMC cuts impact fee by 90%

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The Indian Express                  08.03.2013

AMC cuts impact fee by 90%

Faced with a lukewarm response to the state's government new law for regularisation of unauthorised buildings on payment of an "impact fee", the Ahmedabad Municipal Corporation (AMC) on Thursday offered to slash its charges by nearly 90 per cent.

The state government has already extended the "impact fee" deadline by another six months, till August 19, 2013.

According to the new scheme cleared by AMC's standing committee, an applicant will have to fill in just one application, testify himself and get it notarised before submitting it with necessary plan, indicating the area of the unauthorised portion. Now, the structures on road width of 4.5 metres will also be regularised.

Instead of having to regularise an entire building, the AMC has now adopted the approach of regularising individual units in the building. "We will demolish the units whose owners prefer not to fall in line even if they are part of a building where others have got their units regularised," said deputy municipal commissioner U C Padia later during a power-point presentation.

As on February 8, 2013, the AMC had received 71,000 applications but only 576 had been processed and cleared, which generated a revenue of Rs 5 crore for the AMC against the expected Rs 100 crore.

 

New Delhi Municipal Council for hike in power tariff

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The Times of India                           08.03.2013 

New Delhi Municipal Council for hike in power tariff

NEW DELHI: New Delhi Municipal Council ( NDMC) has proposed a 20% hike in power tariff to meet its projected revenue gap of Rs 180.6 crore, said P D Sudhakar, DERC chairman.

The civic agency has submitted its aggregate revenue requirement (ARR) to Delhi Electricity Regulatory Authority, which will now scrutinize the documents. The civic agency had increased the tariff by 11% last year.

ARR of the three other discoms — BYPL, BRPL and Tata Powers — is also under scrutiny. Of the three, BYPL sought a maximum hike of 13% on the basic power bill along with 15-20% hike in surcharge. TATA Powers asked for a hike of 6% in both. BRPL sought a 1.6% hike and 15-20%increase in surcharge.
Last Updated on Friday, 08 March 2013 06:23
 

NMC losing Rs 1.30L/day owing to outer ring road

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The Times of India                              05.03.2013 

NMC losing Rs 1.30L/day owing to outer ring road

NAGPUR: Though the outer ring road has turned out to be beneficial for city traffic system and goods transport, it is causing the Nagpur Municipal Corporation (NMC) a loss of over Rs 1.30 lakh per day.

The NMC standing committee had set target of Rs 575 crore from octroi for this fiscal. The revenue up to March 1 was Rs 435.90 crore against last year's Rs 397.64 crore. With just one month left, the civic body may net Rs 480 crore at the most. This indicates only a 10% natural growth. Chairman of standing committee Dayashankar Tiwari said the major reason was failure to start two BOT projects including weigh bridge and scanning machines.

Assistant commissioner (octroi) Mahesh Dhamecha told TOI some revenue was lost owing to outer ring road. "Around 4,000 vehicles used to pass through the city and pay transit charges everyday. This number has come down by 1,400 causing as vehicles now use outer ring road resulting in loss of Rs 1.32 lakh per day."

Meanwhile, the Urban development department is likely to finalize the registration software and rates of local body tax (LBT) in a meeting on Tuesday. Now all eyes are on the meeting to be held at Mantralaya. Sources told TOI UDD may announce start of registration of traders immediately as LBT is to come into effect from April 1. "Government is likely to fix similar LBT rates for all municipal corporations," they said.
Last Updated on Tuesday, 05 March 2013 08:30
 


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