Indore Mayor Krishna Murari Moghe on Monday presented a deficit budget of around Rs64 crore. Presenting a budget of Rs197955.81 lakh, Mayor Moghe said in the budget, ample of provisions have been made in improving civic amenities, basic infrastructure and environment of the city.
Against an estimated income of Rs197955.81 lakh, the budget shows an expenditure of Rs198753.61 lakh, thereby showing an estimated deficit of Rs6385.95 lakh. Compared with the last year, the new budget proposes additional investment of around Rs500 crore.
The Mayor in his budget speech said that improving environment and raising ground water level in the city have been attached top priority along with improvement of existing infrastructure and civic amenities and adequate funds have been earmarked in the budget on these heads. A provision of Rs45.50 crore has been made for ensuring adequate water supply in the city
This includes maintenance and repair of water pump parts, intake well etc. In addition to this, a provision of Rs12.50 crore has been made in laying new pipelines and replacing old pipelines in slum areas of the city.
The budget also makes a provision of Rs15 crore on maintenance of public tube-wells, hand-pumps etc in slum areas of the city.
To improve water level in the city, a provision of Rs430 lakh has been made in the budget for water conservation, water harvesting, recharging etc. Similarly, a provision of Rs675 lakh has been made for recharging water sources at 100 places in the city in the current year.
On infrastructural development, Mayor said that a sum of Rs40 crore each has been earmarked for the construction of new Feeder and link roads in the city. There is also a provision of Rs29 crore for concritization of zonal roads, while Rs33 crore has been earmarked for asphaltation and concretization of mains roads in the city.
To improve chaotic traffic in the city, Mayor said the corporation has made adequate efforts to construct parking loads at various locations in the city at an estimated cost of Rs 80 crore. In the new budget, a provision of additional Rs30 crore has been made to construct parking lots at new parking lots at four new locations.