MiC likely to finalise budget on April 16 | india | Hindustan Times
Today in New Delhi, India
Oct 22, 2017-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

MiC likely to finalise budget on April 16

WORK ON the long overdue Indore Municipal Corporation (IMC) budget is finally picking up pace. The Mayor-in-Council (MiC) is expected to finalise department-wise budgetary drafts by April 16.

india Updated: Apr 11, 2006 14:15 IST

WORK ON the long overdue Indore Municipal Corporation (IMC) budget is finally picking up pace. The Mayor-in-Council (MiC) is expected to finalise department-wise budgetary drafts by April 16.

The final drafts will then be tabled before the general council for approval at the budget meeting likely to be held towards April-end.

The ten-member council has been hard at work tweaking budgetary proposals submitted by various departments during brainstorming sessions at Moosakhedi over the last week.

The Corporation has already invited suggestions from the public regarding budgetary expenses. The last date for submitting suggestions, April 16, dovetails perfectly with the MiC deadline and, allowing 10-12 days for acting on public inputs, the budget may be placed before the 69-member general council by April 28-30.

According to IMC sources, budgetary drafts for two departments, Public Works and Revenue, have already been finalised while those for Health and Waterworks are nearing completion.

In the draft submitted by the Health Department the MiC is reported to have cleared budgetary allocation for meeting its share in the proposed slaughterhouse at Devguradia, construction of transfer stations and privatisation of sanitation works in an additional four wards.

Mindful of the deteriorating water supply situation the MiC has sanctioned an additional Rs 50 lakh to the Waterworks Department for providing water supply through tankers in the coming fiscal. Allocations for diesel purchase have also been increased.

Not surprisingly, maintenance comprises the largest head in the Waterworks budgetary draft with electricity payments coming a close second.

Of the Public Works Department proposals the mayoral council is learnt to have given the green signal for the construction of a multi-storied parking lot at Bajajkhana Chowk on Build-Operate-Transfer (BOT) basis.  The proposed multi-storey parking at Premsukh Talkies has, however, been kept in abeyance so far.

It may be noted that both the projects were proposed in the City Development Plan (CDP) submitted by the IMC for Jawaharlal Nehru National Urban renewal Mission (JNNURM) funding.


“No new taxes”
Mayor Dr Uma Shashi Sharma: No new taxes will be imposed in the 2006-‘07 budget. However, the existing tax regime may be revised to augment revenue generation. The MiC will finalise the budget by April 16-17 and the general council budget meeting is likely to take place towards the end of April.