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GHMC draft budget for the year 2015-16

By   /  March 28, 2015  /  No Comments

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In a first of its kind, the GHMC had reported its plan for the year 2015-16 furthermore highlighted the portions for the welfare, advancement and trash cleaning projects. As per plan recommendations discharged by the GHMC chief Somesh Kumar this nighttime, the income & capital receipts of GHMC were Rs.6396 crore and after the obligatory income excess of Rs.846 crore, the financial backing is settled at Rs.5550 crores.

The Main segments of GHMC receipts are Property Tax (Rs.1200 Crores), Surcharge on stamp obligation (Rs.300 Crores), Town Planning charge (Rs. 600 Crores), Professional Tax (Rs.100 Crores) and so forth. The Government of Telangana State has effectively assigned Rs.628 Crores plan to GHMC for plans like without slum Hyderabad (Rs.250 Crores), Telangana Haritha Haram (Rs.25 Crores), Improvement of streets (Rs.250 Crores), MMRTS (Rs.21 Crores), Charminar Pedestrian Project (Rs.1 crore), and so on.

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Proposed BPS & LRS is required to contribute Rs.800 Crores to GHMC. GHMC to meet its arrangement with help of Government of Telangana. From Government of India Rs.467 Crores is normal under different plans/ system like 13 & 14 Finance Commission Grants, Swatch Bharath, Sardar Patel Housing Yojana, said the Commissione

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