RMC presents Budget of Rs 2,474 cr

| | Ranchi
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RMC presents Budget of Rs 2,474 cr

Thursday, 20 February 2020 | Divya Modi | Ranchi

ABudget of Rs 2,300 crore for the year 2020-21 was presented by the Ranchi Municipal Corporation (RMC) on Wednesday during its standing committee meeting.

The meeting was chaired by the Mayor Asha Lakra. Deputy Mayor Sanjeev Vijaywargiyaa, Municipal Commissioner Manoj Kumar, Deputy Municipal Commissioner Shankar Yadav, Assistant Municipal Commissioner Jyoti Kumar Singh and 11 ward councilors were also present in the meeting.

“Keeping the betterment of the people in mind various provisions have been made in the budget. Special provision has been made to fight the water crises where as schools and colleges will also be provided with proper drinking water and sanitation facilities,” said the Mayor.

“The Budget has been prepared keeping RMC’s sources of income in mind. It includes providing the citizens with clean surroundings and drinking water facilities,” said Vijaywargiya.

The budget included a revenue receipt of Rs 250.07 crore with about Rs 93.98 crore coming from taxes and Rs 94.71 crore from municipal rent. Sales and rent was estimated at Rs 2.75 vrore while interest from bank and investment at Rs 4.50 crore.

Revenue payments of Rs 172.40 crore have been estimated for the coming year. Establishment expenses have been estimated at Rs 64.26 crore while another Rs 20.61 crore have been put aside for administrative expenses. Programme and specific subsidy-National Urban Livelihood Mission (NULM/ SISRY) is estimated at Rs 4 crore and interest and finance charge has been fixed at Rs 11.92 crore.

All the bank accounts of RMC have been opened with AutoSweep facility. With this RMC has earned Rs  2.40 crore interest in nine months of 2019- 20 as against Rs 9395662 in the financial year 2018-19.

For 20 mounted fogging machines, the estimate has been fixed at Rs 1.50 crore. For making drains and roads, the civic body will be getting Rs 67.21 crore and Rs 135.76 crore respectively from the Government. Laying pipe lines for all the 53 wards has been estimated at Rs 8 crore while Rs 244 crore has been estimated for computers, furniture and other expenses at ward offices.

Rs 363 lakh has been set aside for the beautification and development of parks in the City while Rs 240 lakh has been set aside for the software development of RMC.

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