Ghaziabad authority works out Rs1,286.40 crore Budget

| | Ghaziabad
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Ghaziabad authority works out Rs1,286.40 crore Budget

Saturday, 09 March 2013 | SP Singh | Ghaziabad

The Ghaziabad Development Authority (GDA) on Friday passed a Budget for Rs 1,286.40 crore for the current financial year along with 28 proposals.

Giving details of the board's 133rd meeting to media persons, GDA vice chairman-cum-chairman Santosh Yadav said in addition to the Budget, the GDA has absorbed the lifts Act enforced in Delhi and Gujarat. The step was taken to help persons who wanted to shift their floors because of health and other reasons. Till now, no law existed in UP. "After absorbing it, we shall write to the Government to request it to make it an Act through legislation. Till then we shall complete the lift survey and other needful acts," he said.

To provide facilities for better policing a 15,171 square-metre plot of land has been earmarked for a police station and a police control room in Indirapuram area in addition to a 100-bed Government hospital.

Till now engineering and management colleges were built on areas as low as 6,000 square-metre. But the old rule was not practically possible since no college could be operated from such a small space. By increasing its limit, the GDA would get over Rs 100 crore from compounding.

In certain prime places on Ambedkar Road and its surroundings the GDA has increased commercial rates up to Rs. 1,00,000/- per square meter. To make the city encroachment free, the GDA has passed a proposal to buy two JCB machines.

The GDA board further passed a Budget for Rs1,627.86 crore for the coming financial year of 2013-14. In the coming year the GDA would incur expenditure of Rs 1,824.84 crore. Although the receipts seem less in figures but would drastically increase since the receipts have been calculated on a very conservative estimate while GDA contains major important head of receipts, added the VC.

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