NMC to consolidate financial position after generating Rs 2,300 crore in FY ’17-18

Source: The Hitavada      Date: 03 Apr 2018 10:17:49

 


 

Special Correspondent,

After generating revenue of Rs 2,300 crore in the Financial Year 2017-2018, albeit with the help of State Government, Nagpur Municipal Corporation’s Standing Committee Chairman Virendra Kukreja will review functioning of different departments from April 11 to prepare budget of Financial year 2018-2019.


Kukreja will review the present financial position of the civic body, pending developmental works, creation of new revenue sources and proposal of new works in the meeting. The last minute liberal help from the State Government actually helped the NMC tide over the financial crisis. With such a solid help from Devendra Fadnavis government, the civic body is planning to consolidate the position.

 

The new budget may be of Rs 2800 crore as property tax may jump in new fiscal due to assessment of the properties. During last financial year 2017-2018, the NMC had generated only Rs 210 crore from the property tax. After recovery of the property tax from the State Government’s offices, the figure may rise by Rs 15-20 crore. The civic body will try to increase the income upto Rs 400 crore in current financial year.


Mayor Nanda Jichkar will preside over the meeting while Deputy Mayor Deepraj Pardikar, Ruling Party leader Sandip Joshi, former Mayor Pravin Datke, former Standing Committee Chairman Dayashankar Tiwari, Sandeep Jadhav, Project Committee Chairman Sanjay Bangale and senior corporator Sunil Agrawal along with standing committee members will review the present financial position. The zonal meetings with Assistant Commissioners will be held on April 11 at 12 noon while department wise meetings will be organised on April 12 and April 13.


It may be mentioned that Maharashtra Government has issued Rs 216 crore in various heads to the civic body while NMC raised revenue from other sources. The city received Rs 60 crore from CM’s Special Fund, Rs 17 crore for Suresh Bhat Hall, Rs 45 crore for 24 x 7 water supply scheme and Rs 24 crore against Stamp Duty. The civic body has received Rs 50 crore from Nagpur Improvement Trust (NIT) for the road works.


However, the small contractors are still running from pillar to post to receive their outstanding dues from the local body. Vijay Nayudu, President of Contractor Welfare Association said that the local body did not release their payment till date. The security deposit of the contractors is around Rs 100 crore and it is still pending with the NMC. If the civic body has substantial amount then it should release payment of the developmental work, he added.

 


 

Mudgal urges Anoop Kumar to pay property tax of Mankapur Sports Complex


Divisional Commissioner Anoop Kumar has given property tax worth Rs one crore of Mankapur Sports Complex to the NMC. Municipal Commissioner Ashwin Mudgal has requested Divisional Commissioner to pay the tax of the Sports Complex. For the first time, Commissioner’s office has paid the dues of the property tax to the civic body. Executive Engineer Satish Neral collected the cheque from the Commissioner’s office and handed it over to Civic Body chief. Mudgal hoped that the other government departments will also pay the property tax dues to the NMC.