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Financial Management

BBMP budget to be tabled today

Monday, 30 August 2010 11:56 administrator
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The Deccan Herald  30.08.2010

BBMP budget to be tabled today

The Bruhat Bangalore Mahanagara Palike (BBMP) will table its budget on Monday, with an estimated record outlay of Rs 7,000 crore, against Rs 4,238 crore outlay in the previous year and the debate over it will start on September 2.

Several multi-storeyed parking spaces, four to five hi-tech hospitals, development of new wards, concreting of existing roads through white-topping technology are all said to be announced on a priority basis in the Budget.

The Palike is expected to increase the aid for the development of new wards to one-and-a-half times more than what is allocated for the existing wards.

A free scanning facility is also to expected to be set up at the Palike's maternity hospitals, new hospitals are also said to feature in the list of major announcements.

The ruling BJP in the Palike was drawing flak from all quarters for not presenting the budget. Lack of funds was reportedly preventing the party from coming out with the budget.

Further, announcements pertaining to sops for people residing in low-lying areas of the City, autorickshaw drivers, financially backward among others is expected to be announced too.

BBMP sources also pointed out that programmes and schemes have been designed to meet the requirements of people from all the categories in the City –– to make the budget popular among the citizens.

They added that the budget has been prepared to be in line with Mayor S K Nataraj’s promises during his election campaign.

Last Updated on Monday, 30 August 2010 11:57
 

Flyovers, parking lots in BBMP budget

Monday, 30 August 2010 11:22 administrator
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The New Indian Express  30.08.2010

Flyovers, parking lots in BBMP budget

BANGALORE: After many delays and postponements, the city corporation's budget is going to be presented on Monday, August 30.

Reportedly, the budget is going to be worth `7,500 crore. According to sources, new wards are likely to get 1.5 times more grants than old wards for developmental works. Every ward will get around `36 crore. Sources claimed there would be no increase in taxes.

The budget is likely to sanction 50 flyovers and underbridges along with tree parks. Chairman of the BBMP's Finance and Taxation committee, P N Sadashiva, said the city would get hightech hospitals. He added that 20 multistoried parking lots would be built in congested areas such as Gandhi Bazaar and Freedom Park.

He said the budget would allocate funds to raise the standard of BBMP schools. Free bicycles for girls studying in BBMP schools and sweaters for all children may be issued.

Sadashiva said a portion of `115 crore, required to convert Okalipuram Khoday's Circle into an eightlane road, would be released in this budget. He said five dhobi ghats and hightech laundries, on the lines of the one in Malleswaram, would be built. He said funds had been allocated to develop lakes. A new cell would be set up to preserve heritage places in the city.

The BBMP's budget has to deal with the loans to the tune of `3,000 crore. Sadashiva had on an earlier occasion made clear his focus on revenue generation. Sadashiva said his main aim would be to bring homes into the tax net and increase the earnings by property tax.

The budget is likely to announce welfare measures for senior citizens too.

Last Updated on Monday, 30 August 2010 11:25
 

BBMP budget on Aug 30

Thursday, 19 August 2010 08:19 administrator
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The Deccan Herald  19.08.2010

BBMP budget on Aug 30

Bangalore, August 18, DHNS:

It’s official. The Bruhat Bangalore Mahanagara Palike (BBMP) would table its budget on August 30.

The Mayor S K Nataraj said the budget would be tabled on August 30 and a debate over it would start on September 2.

A regular BBMP meeting would take place on August 28 and the budget would be presented on August 30 .

The ruling BJP in the Palike was drawing flak from all quarters for not presenting the budget. Lack of funds was reportedly preventing the party from coming out with the budget.

Sources said the Palike was looking at the government for funds. The Mayor had several rounds of talks with the Chief Minister B S Yeddyurappa and district in charge minister R Ashok for more allocation of funds to meet expenses and infrastructure needs.

The Mayor has placed a demand for a financial sanction of Rs 1,500 crore form the State government.

Last Updated on Thursday, 19 August 2010 08:21
 
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