The Hindu 27.03.2013
Corporation budget passed
The Kochi Corporation approved the budget for the next
financial year after incorporating the objections raised by the
Opposition bench.
In reply to the two-day debate,
Mayor Tony Chammany said Rs.10 crore would be taken as loan from banks
to clear payments due to contractors.
Councillors
will be given Rs.75 lakh each as division fund to take up development
projects, he said. A special meeting of the finance committee was
convened ahead of the reply speech, as the Opposition had complained
that the projects mentioned in the budget speech were not discussed in
the committee. Councillor M. Anil Kumar raised the issue, following
which the Mayor decided to disperse the council meeting and convene the
committee meeting.
The Mayor told the council that a
monitoring committee would be formed to supervise the activities of the
solid waste treatment plant at Brahmapuram.
In
response to apprehensions raised by councillors about the functioning of
this proposed committee, Mr. Chammany said no step to undermine the
authority of the civic body would be entertained.
Mayor
also said that the fund to the tune of Rs.25 crore released by the
State government would be used for widening the stretch between M.G.
Road and Pullepady Bridge.