No fresh tax in Rs 846.57 cr BMC budget | india | Hindustan Times
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No fresh tax in Rs 846.57 cr BMC budget

RIDING PIGGYBACK on Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and Asian Development Bank (ADB) schemes, Mayor Sunil Sood today presented the most ambitious ever Bhopal Municipal Corporation (BMC) budget of Rs 846.57 crore ? a more than double increase from the previous budget of Rs 341.83 crore.

india Updated: Mar 25, 2006 13:36 IST

RIDING PIGGYBACK on Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and Asian Development Bank (ADB) schemes, Mayor Sunil Sood today presented the most ambitious ever Bhopal Municipal Corporation (BMC) budget of Rs 846.57 crore — a more than double increase from the previous budget of Rs 341.83 crore.

He also announced new awards in memory of late Mamoona Sultan and Pandit Shital Prasad Tiwari. Significantly, neither any fresh tax has been slapped nor hike effected in the existing taxes in the Rs 35.64 crore deficit budget for the fiscal year 2006-07.

The Mayor has earmarked Rs 35.03 crore for water supply- related works through the revenue income. The budget has projected an income of Rs 140.45 crore through various sources, which include Rs 22.21 crore from water tax, Rs 33.82 crore from other taxes including property tax, Rs 3.46 crore from rent, Rs 4.78 crore from fees and Rs 1.47 crore of miscellaneous earnings.

Besides, the budget has projected Rs 74.70 crore of earning from grant and compensation from the State Government. The projection of capital income includes Rs 430.60 crore for the schemes under the JNNURM, Rs 50 crore as loan from ADB, Rs 50 crore from the State Government for Narmada Water Supply Scheme, Rs 35 crore as loan for Kolar Augmentation Scheme,

Rs 6.14 crore as loan for Transport Nagar, Rs 9 crore as loan for Bairagarh Augmentation Scheme and Rs six crore as loan for MP Nagar Road Development Scheme. Of Rs 430.60 crore of JNNURM, the BMC is expected to get Rs 215.30 crore from the Union Government and Rs 86.12 crore from the State Government. The remaining amount of Rs 129.18 crore would be arranged by the BMC as its share.

Corporation’s share in the ADB schemes is proposed at Rs 6.62 crore for next fiscal. The Mayor has proposed the revenue expenditure worth Rs 169.07 crore which provides for Rs 35.03 crore on water supply and Rs 10.77 crore on different developmental works.

Besides, Rs 7 crore would be spent on developmental works through zonal offices. Thus, Rs 17.77 crore are proposed for developmental works. For the first time, Sood has also proposed to repay loans and arrange the BMC’s share for various schemes through fund allocation of Rs 36.54 crore.

Other revenue expenses include expenditure of Rs 5.34 crore on health (sanitation) and Rs 55.42 crore on establishment. Besides, an amount of Rs 8 crore would be spent on the salaries of sanitary workers.

While delivering budget speech, Sood informed that an amount of Rs 14.63 crore was approved under JNNURM for the water supply of gas-hit areas. He said the BMC has proposed several measures to increase its revenue that are awaiting the State Government’s approval.

The BMC has also prepared a scheme worth Rs 3.50 crore to sort out water crisis. He also claimed that most of the works in Transport Nagar have been completed. Development of MP Nagar and New Market is already underway.

A similar scheme for the development of Kabadkhana worth Rs 6.34 crore is being considered, he added. The Mayor also claimed that most of the promises made during last budget were fulfilled. He said that new trenching grounds would be developed at different places. Sood commended the officials for reducing the expenditure of Central Workshop.

He announced that semi-automatic slaughterhouse is proposed. The Mayor announced to purchase machines for BMC’s Fire Brigade.