In the next fiscal, the Municipal Corporation will not be able to carry out even maintenance works let alone development projects with the estimated funds.
The civic body’s own revenue estimate of Rs 397 crore and grant-in-aid of Rs 425 crore merely make up for its salary and other unavoidable expenses, which is about Rs 817 crore. The MC’s total annual fund availability estimate comes out to be almost the same — Rs 822 crore.
