Corporation to mobilise Rs. 60 cr from deposit revision

Tuesday, 12 September 2017 09:40 administrator
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The Hindu        12.09.2017  

Corporation to mobilise Rs. 60 cr from deposit revision

The Coimbatore Corporation hopes to mobilise Rs. 60 crore from its recent effort to hike the deposit to drinking water connections. The Corporation has said that those who had availed of water connections prior to October 1, 2013 should pay Rs. 4,000 or so if the connection was for their house, Rs. 7,000 or so if the connection was a bulk connection, the same amount if the connection was for commercial use and Rs. 12,000 for industrial use.

The Corporation says that it hopes to mobilise around Rs. 50 crore from those domestic connections that were in use prior to October 1, 2013. At present the Corporation has 1.83 lakh domestic connections.

Similarly, it hopes to raise Rs. 18.27 lakh from bulk connections, another Rs. 4.64 lakh from commercial and Rs. 78.45 lakh from industrial connections.

In all, the estimate is that the civic body would get around Rs. 60 crore.