GHMC ap­proves `11.5K cr Bud­get

Deccan Chronicle - - City - DC COR­RE­SPON­DENT

The GHMC’s gen­eral body unan­i­mously ap­proved a Bud­get of `11,538 crore for 2019-20, pre­sented by Mayor Bon­thu Ram­mo­han on Satur­day.

It ap­proved the re­vised bud­get, which has in­creased by `775 crore over this year’s Bud­get of

`5,375 crore.

The bud­get es­ti­mates for ma­jor projects of other cor­po­ra­tions as­signed to GHMC have been in­creased to `5,388 crore from last year’s

`3,560 crore. Mr Ram­mo­han said that

`1,850 crore had been sanc­tioned for the Strate­gic Road De­vel­op­ment Plan, `176 crore for bridges, fly­overs and sub­ways, `409 crore for stormwa­ter drainage, `262 crore for wa­ter sup­ply and sew­er­age, `44 crore for street light­ing, `71 crore un­der green bud­get.

The gen­eral body ap­proved a sep­a­rate Bud­get for ma­jor projects of other cor­po­ra­tions as­signed to the GHMC, such as the Te­lan­gana Hous­ing Cor­po­ra­tion for con­struc­tion of 2 BHK houses, and Hy­der­abad Road De­vel­op­ment Cor­po­ra­tion Limited

■ BUD­GET OUT­LAY OF `11,538 crore in­cludes rev­enue in­come of `3,210 crore, cap­i­tal re­ceipts `733.50 crore, bor­row­ings `2,367 crore and funds from other cor­po­ra­tions `5,388 crore.

■ THE BUD­GET es­ti­mate for 20182019 was `3,560 crore.

for lay­ing roads. This bud­get has been re­duced by about `1,600 crore from `7,073 crore (2018-19) to `5,388 crore.

The GHMC has ap­proved a Bud­get of `11,538 crore for two sep­a­rate cat­e­gories for the year 201920 as against `13,150 crore for 2018-19, show­ing a re­duc­tion of `1,612 crore.

Mr Ram­mo­han said the cor­po­ra­tion has been ex­e­cut­ing the weaker sec­tion hous­ing pro­gramme in an ef­fi­cient man­ner. As against the tar­get of 1 lakh dou­ble-bed room hous­ing units, the con­struc­tion of 30,562 units was near­ing com­ple­tion, he said.

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