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Financial Management

In for facelift: a tale of two markets

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Indian Express 21.04.2010

In for facelift: a tale of two markets

Hamari Jamatia Tags : market facelift, delhi Posted: Wednesday, Apr 21, 2010 at 0028 hrs

New delhi: The New Delhi Municipal Council is preparing to approve the expenditure for the second phase of its renovation plan for Khan Market. While the first phase saw upgrade work of pavements in the area, in the second phase the civic body plans to put up uniform signs at all shops, replace sewer pipes and ensure the middle lane of the market, which at present is cluttered with unevenly laid stone, gets a smarter look.

The NDMC is in the process of making the middle lane pedestrian-friendly and is planning to lay cobbled granite stones with vitrified tiles.

The middle lane, which has several popular shops, has been neglected for long. It is riddled with sewage pipes, water tanks, manholes that are not levelled off with the road. Officials claim post-renovation, the lane will have a neat look. The surface of the buildings overlooking the lane will also undergo stone cladding.

The other provisions mentioned in phase-II are laying a stormwater drainage line, placing street furniture such as lamp posts, hanging plants, benches, dustbins and walkover lights, and laying of new electric cables. The plan has a budget of nearly Rs 5 crore and it will be placed for consideration before the Council on Wednesday.

The renovation work is expected to complete before the Commonwealth Games begin in October.

Work on Phase-I had begun in December following demands from the Khan Market Traders Association for upgrade and improvement of the market. After several discussions, it was decided during a meeting in 2008 with the chairman of NDMC that the market will be taken up for renovation.

Last Updated on Wednesday, 21 April 2010 12:01
 

Rs. 2.5-crore surplus CMC budget presented

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The Hindu 08.04.2010

Rs. 2.5-crore surplus CMC budget presented

Correspondent

Expenditure estimated at Rs. 23.88 cr.

Chamarajanagar: Chamarajanagar City Municipal Council president C.S. Mahadevanayaka on Wednesday presented a Rs. 2.5-crore surplus budget for 2010-11. The income estimated is Rs. 26.38 crore and the expenditure Rs. 23.88 crore.

During the year, the CMC proposes to raise Rs. 14.54 crore through water tax, property tax, rent from its buildings, license fee, betterment fee and debris fee etc. A revenue of Rs. 12.5 lakh is expected as rent from the council's shopping complexes.

The budget allocation for various sectors are: Rs. 25 lakh for maintenance of streetlights and repair; Rs. 48 lakh for drinking water maintenance and repair; Rs. 20 lakh for purchase of computers; Rs. 20 lakh for construction of public toilets; Rs. 15 lakh for purchase of high-mast lights; Rs. 2 crore for constructing underground drainage system; Rs. 5.4 crore for building roads; Rs. 5 lakh for maintenance of buildings and repair; Rs. 40 lakh for repair to roads and drainage.

CMC Commissioner Prakash and councillors were present.

Last Updated on Thursday, 08 April 2010 04:59
 

Delhi's urban population spends the most in the country: Survey

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The Hindu 06.04.2010

Delhi's urban population spends the most in the country: Survey

Special Correspondent


37 per cent of the expenditure was on food items and 63 per cent on non-food items


NEW DELHI: The monthly per capita expenditure in the urban areas of Delhi is the highest in the country, reveals a report on “Household consumer expenditure in Delhi” brought out by the State Directorate of Economics and Statistics on the basis of a sample survey conducted between July 2007 and June 2008.

The report was released by Delhi's Finance and Planning Minister A. K. Walia here on Monday. Speaking about its findings, the Minister said the average monthly per capita expenditure (MPCE) of Delhi (urban) had increased from Rs.1,972 during 2007 to Rs.2,078 in 2008 and was the highest in the country. At the national level, he said, the monthly per capita expenditure was much lower at Rs.1,472.

The affluence of Delhi, he said, was also demonstrated by the MPCE in the urban areas of other States which was much lower than that of Delhi. While Bihar recorded an MPCE of Rs.1,080, in Uttar Pradesh it was Rs.1,121, in Tamil Nadu Rs.1,410, in Gujarat Rs.1,471, in Andhra Pradesh Rs.1,550, in Haryana Rs.1,628 and in Punjab Rs.1,633.

Dr. Walia added that in the urban areas of Delhi about 37 per cent of the monthly per capita expenditure was on food items and the remaining 63 per cent on non-food items. The break-up revealed that 10 per cent was spent on milk and milk products, 8 per cent on cereals and pulses, 4 per cent on vegetables, 2 per cent on edible oils, and 2 per cent on fruits.

About 9 per cent of the total monthly per capita expenditure was on fuel, 8 per cent on education, 6 per cent on clothing and bedding, 6 per cent on rent, 3 per cent on medical, and 1 per cent on paan and tobacco.

Interestingly, the survey has also revealed that about 7 per cent of all households in Delhi are headed by female members of the family. Out of the total female population of 75.9 lakh in Delhi, about 51 per cent or 38 lakh are married, 5 per cent or 3.85 lakh are widows and 0.33 per cent are divorced or separated.

Dr. Walia said the distribution of occupation has revealed that 45 per cent of households have regular waged or salaried people while 43 per cent have self-employed persons. He said in 62 per cent of the households people were living in their own houses.The Minister said the survey revealed that the literacy level in urban areas of Delhi was 85 per cent in 2008. “The literacy level in males was about 90 per cent and in case of females it was 80 per cent.”

The survey has also revealed that about 18 per cent had studied up to primary level, 35 per cent up to middle and secondary level, 12 per cent up to higher secondary level, and 19 per cent up to graduate or post-graduate level and above.

Last Updated on Tuesday, 06 April 2010 05:04
 


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