The Times of India 05.03.2013
NMC losing Rs 1.30L/day owing to outer ring road
NAGPUR: Though the outer
ring road has turned out to be beneficial for city traffic system and
goods transport, it is causing the Nagpur Municipal Corporation (NMC) a loss of over Rs 1.30 lakh per day.
The NMC standing committee had set target of Rs 575 crore from octroi for this fiscal. The revenue up to March 1 was Rs 435.90 crore against last year's Rs 397.64 crore. With just one month left, the civic body may net Rs 480 crore at the most. This indicates only a 10% natural growth. Chairman of standing committee Dayashankar Tiwari said the major reason was failure to start two BOT projects including weigh bridge and scanning machines.
Assistant commissioner (octroi) Mahesh Dhamecha told TOI some revenue was lost owing to outer ring road. "Around 4,000 vehicles used to pass through the city and pay transit charges everyday. This number has come down by 1,400 causing as vehicles now use outer ring road resulting in loss of Rs 1.32 lakh per day."
Meanwhile, the Urban development department is likely to finalize the registration software and rates of local body tax (LBT) in a meeting on Tuesday. Now all eyes are on the meeting to be held at Mantralaya. Sources told TOI UDD may announce start of registration of traders immediately as LBT is to come into effect from April 1. "Government is likely to fix similar LBT rates for all municipal corporations," they said.
The NMC standing committee had set target of Rs 575 crore from octroi for this fiscal. The revenue up to March 1 was Rs 435.90 crore against last year's Rs 397.64 crore. With just one month left, the civic body may net Rs 480 crore at the most. This indicates only a 10% natural growth. Chairman of standing committee Dayashankar Tiwari said the major reason was failure to start two BOT projects including weigh bridge and scanning machines.
Assistant commissioner (octroi) Mahesh Dhamecha told TOI some revenue was lost owing to outer ring road. "Around 4,000 vehicles used to pass through the city and pay transit charges everyday. This number has come down by 1,400 causing as vehicles now use outer ring road resulting in loss of Rs 1.32 lakh per day."
Meanwhile, the Urban development department is likely to finalize the registration software and rates of local body tax (LBT) in a meeting on Tuesday. Now all eyes are on the meeting to be held at Mantralaya. Sources told TOI UDD may announce start of registration of traders immediately as LBT is to come into effect from April 1. "Government is likely to fix similar LBT rates for all municipal corporations," they said.
