Wa­ter dearer from to­mor­row; BMC to mop up ₹41 crore

Hindustan Times ST (Mumbai) - - HTMETRO - HT Cor­re­spon­dent

MUM­BAI: As part of its reg­u­lar an­nual hike, the Bri­han­mum­bai Mu­nic­i­pal Cor­po­ra­tion (BMC) has in­creased wa­ter charges by 3.72% or Rs 0.18 per 1,000 litres for do­mes­tic users. The hike will be ap­pli­ca­ble from June 16.

Ac­cord­ing to a 2012 res­o­lu­tion by the BMC, do­mes­tic users are pay­ing Rs4.91 per 1,000 litres, which will in­crease to Rs5.09. For users in slums, wa­ter charges will jump to Rs3.82 per 1,000 litres from Rs3.68. The charges for non-do­mes­tic users such as non-trad­ing in­sti­tu­tions will climb to Rs20.40 per 1,000 litres from Rs19.67. With the re­vised rates, the BMC ex­pects to earn Rs41.33 crore more in the re­main­der months of this fi­nan­cial year.

As per the 2012 res­o­lu­tion, the BMC can in­crease the wa­ter tax an­nu­ally while keep­ing the hike rate below 8%. The first hike on wa­ter charges was in­tro­duced in 2012, when the rates were hiked from Rs3.50 to Rs4 for do­mes­tic users, fol­lowed by an­other 8% hike in June 2013. The next 8% hike was an­nounced in 2015. The BMC did not in­crease wa­ter charges in 2014, 2016 and 2017 as these years wit­nessed Lok Sabha, Vid­han Sabha and civic elec­tions. MUM­BAI: Mike Bloomberg, CEO of Bloomberg, in­tends to work with the Ma­ha­rash­tra gov­ern­ment to boost fin­tech (fi­nan­cial tech­nol­ogy) start-ups in the state, chief min­is­ter Deven­dra Fad­navis said in New York.

Af­ter trav­el­ling to Dubai, he is cur­rently in the US be­fore vis­it­ing Canada. The state cab­i­net this year un­veiled a fi­nan­cial tech­nol­ogy pol­icy that would fa­cil­i­tate set­ting up of 300 fin­tech start ups in the com­ing three years. Bloomberg also handed a copy of his book — Cli­mate of Hope — to Fad­navis. The CM and Bloomberg also dis­cussed ex­pand­ing the Mum­bai road safety ini­tia­tive sup­ported by the lat­ter’s foun­da­tion, through a Mem­o­ran­dum of Un­der­stand­ing signed in 2015. Mum­bai was among 10 cities se­lected by Bloomberg Phi­lan­thropies for a five-year pro­gramme to adopt best road safety prac­tices world­wide.

Fad­navis tweeted: “Dis­cus­sions were held on ex­pan­sion of road safety ini­tia­tive sup­ported by Bloomberg ..Sub­stan­tial progress is seen with this ini­tia­tive and many achieve­ments were re­viewed. This ini­tia­tive re­sulted in fewer road ac­ci­dents.”

Later, Fad­navis also ad­dressed a com­mu­nity re­cep­tion, ‘Mum­bai Meets Man­hat­tan’, or­gan­ised by the Con­sul Gen­eral of In­dia and ‘Friends of Ma­ha­rash­tra’. It was at­tended by more than 500 del­e­gates.

The CM will re­turn to the city on June 16.

DO­MES­TIC USERS ARE PAY­ING ₹4.91 PER 1,000 LITRES, WHICH WILL IN­CREASE TO ₹5.09, WHILE SLUM DWELLERS WILL HAVE TO SHELL OUT ₹3.82

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