In the wake of several long-pending municipal projects, the spotlight is on tomorrow's budget presentation. Last year, the Commissioner presented a budget of 4830 crores, with a development works target of 1510 crores. However, a significant portion remains on paper, prompting the need for renewed focus. Efforts to generate 150 crores through green bonds are underway to bolster municipal revenue. This year's budget, expected to be around Rs.5110 crores, will be discussed in the upcoming municipal meeting. The meeting will also address the formulation of the revised budget for 2023-2024, the draft budget for 2024-2025, and the proposal budget put forth by the Municipal Commissioner.
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Wed, Jan 29, 2025
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