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GHMC earmarks Rs 3,159 cr for this fiscal

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Sorurce : The Business Line Date : 27.02.2009

GHMC earmarks Rs 3,159 cr for this fiscal

49% of allocation for weaker sections.

 


Budget allocations

Revenue income has been pegged at Rs 1,377 crore, revenue expenditure at Rs 999 crore and revenue surplus at Rs 378 crore

For weaker sections, 49% of allocation has been earmarked, as against Government norm of 40%

On development of infrastructure and maintenance, 77% of the Budget

Proposals for major projects include Rs 171 cr for road widening, Rs 180 cr for improvements of nalas (storm water drains), Rs 150 cr for the Bus Rapid Transit System, Rs 200 cr for MMTS and Rs 15 cr for beautification of the Musi river


Our Bureau

Hyderabad, Feb. 26 The budget of Greater Hyderabad Municipal Corporation (GHMC) for the year 2009-10 has been pegged at Rs 3,159 crore, an increase of 8.4 per cent over the 2008-09 financial year.

GHMC has pegged revenue income for next year at Rs 1,377 crore, while revenue expenditure has been estimated at Rs 999 crore and revenue surplus at Rs 378 crore.

Addressing a press conference here on Thursday, Mr S.P. Singh, Commissioner, GHMC, and Special Officer & Ex-Officio Principal Secretary to Government, Municipal Administration & Urban Development Department, said, “Out of the Rs 2,160 crore earmarked for capital expenditure, Rs 630 crore has been allotted to provide housing for the poor, Rs 362.82 crore for multi-model transport system, bus rapid system, traffic signals and signage, Rs 525 crore for roads and payments among others, which include provisions for storm water drainage, buildings, land and land improvements, etc.”

He also said that 49 per cent of allocation has been earmarked for the weaker sections as against the Government norm of 40 per cent and 77 per cent of the Budget on development of infrastructure and maintenance. “The Budget allocations are aimed at making Hyderabad slum-free and for the overall development of poor people,” Mr Singh said.

PROPOSALS

The proposals for major projects include Rs 171 crore for road widening, Rs 180 crore for improvements of nalas (storm water drains), Rs 150 crore for Bus Rapid Transit System, Rs 200 crore for MMTS and Rs 15 crore for beautification of the Musi river.

Last Updated on Wednesday, 10 June 2009 05:18
 

Kolkata Corpn plans phase 2 of drainage scheme

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Sorurce : The Business Line Date : 21.04.2009

Kolkata Corpn plans phase 2 of drainage scheme

Our Bureau

Kolkata, April 20 The Kolkata Municipal Corporation (KMC) has drawn up plans for the second phase of a sewerage and drainage improvement programme under the Kolkata Environment Improvement Project at an estimated investment of Rs 2,500 crore, according to the Project Director, Mr Vivek Bharadwaj.

Last Updated on Wednesday, 10 June 2009 05:06
 

States order 7,815 buses under urban renewal mission

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Sorurce : The Business Line Date : 03.06.2009

States order 7,815 buses under urban renewal mission

Largest order from Andhra Pradesh.

 


Andhra Pradesh has placed the largest order, for 1,500 buses followed by Uttar Pradesh (1,310), Maharashtra (1,250) and Karnataka (1,100).


Our Bureau

New Delhi, June 2 Various States have placed orders for 7,815 buses under the one-time economic funding measure by the Ministry of Urban Development to boost urban transport under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

The Government has so far sanctioned purchase of 14,695 buses for the various mission cities under JNNURM. According to an official release, Andhra Pradesh has placed the largest order, for 1,500 buses followed by Uttar Pradesh (1,310), Maharashtra (1,250) and Karnataka (1,100).

The orders include air-conditioned -low-floor, non-AC-low-floor, semi-low-floor and mini buses.

“West Bengal has finalised the purchase of 710 buses. Delhi has ordered 625 and Kerala 320 buses so far under the scheme,” the release said.

Under the second stimulus package announced by the Government earlier this year, it was decided that States would be provided assistance in the form of a grant under the JNNURM for the purchase of buses before June 30.

The financing is meant exclusively for city bus service and Bus Rapid Transit System for all mission cities.

“The funding of buses under JNNURM will give a boost to the automobile industry.

The funding is shared by the Centre, States and the Municipal bodies.

The size of the Central allocation depends on the population density of the recipient mission cities,” the release pointed out.

Last Updated on Wednesday, 10 June 2009 04:59
 


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