In a bid to reduce its financial deficit, the debt laden East Delhi Municipal Corporation (EDMC) has decided to earn money through parking charges.
The corporation has decided to float tenders for the construction of 70 parking sites in its area which will not only give a push to its balance sheets but will also help solve the growing problem of parking in trans-Yamuna areas."The biggest challenge for any civic body is to handle the growing problem of parking. By building 70 parking lots, we'll be solving the parking menace in east Delhi," said a senior EDMC official.
According to a recent survey by the Census of India, out of 3.5 lakh households in east Delhi around 25% households own cars and other 44 per cent own two-wheelers.
Out of 250 authorised parking sites in Delhi, only 20 such sites fall under the jurisdiction of the EDMC after trifurcation.
Instead of hiring an agency to identify these parking sites, the EDMC has relied on its ground staff for the identification of these sites.
"Employees who work in field know better where the parking is needed. They have identified the sites and we'll be floating tenders by June end," the officer added. Due to drying of funds, the corporation is struggling to pay its daily wage sanitation workers, gardeners and other employees.
From parking charges earned through the newly identified parking sites, the EDMC hopes to get enough funds to manage its daily operations. The EDMC is reeling under a debt of Rs 400 crore which it owes to several other government agencies.
"With an annual budget of Rs 1500 crore, the civic body has started exploring options to earn its revenues. We have already started holding property tax camps to collect taxes and are also looking for other ways to make ourselves financially sufficient," the officer added.