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In Surplus Budget, Hdmc Bets Big On Infrastructure, Infra News, ET Infra


In surplus budget, HDMC bets big on infrastructure

DHARWAD: Upgrading infrastruture in twin cities will be the top priority for the Hubballi-Dharwad Municipal Corporation during 2023-2024. A sum of Rs 703 crore has been earmarked for the purpose.

HDMC finance committee chairman Shivu Menasinakai revealed this while presenting the annual budget for 2023-2024 at the general body meeting here on Thursday.

He presented a Rs 1,138 crore budget that has a surplus of Rs 8 lakh. This is for the first time the HDMC’s budget has crossed the 1,000 crore mark and this is also the first time in the 60 year-history of HDMC, that the budget was presented at Dharwad.

The budget envisages a receipt of Rs 1,138.54 crore, while the expenses are Rs 1,138.46 crore.

Shivu described the budget as complementary to Prime Minister Narendra Modi’s dream of making the country ‘Atmanirbhar’(self-reliant). He said the central government has granted Rs 4,000 crore to the twin cities for the establishment of IIT, IIIT, international airport, world’s longest railway platform and the main road to Siddaroodh Mutt among others, and HDMC will take up works that compliment the Centre’s efforts.

Explaining the measures taken to upgrade the infrastructure, Shivu said during 2022-2023 Rs 66 crore has been spent on providing underground drainage facility and road repair. New web and mobile based software will be installed to enable people to know their property tax details sitting at home and make payments via their smartphones.

The property tax collection which was Rs 84.8 crore in 2020-2021 has gone up to Rs 105 crore in 2021-2022 and during 2022-2023, the collection will reach Rs 120 crore which is an increase by 17 per cent.

Realising that commercial activities were being carried out in residential buildings, the HDMC has imposed additional tax and collected Rs 17.3 crore. For city development planning, a sum of Rs 32.7 crore has been earmarked. Last year, it was Rs 19.3 crore.To make the administration transparent and smooth, digitisation of records and online transaction will be encouraged and Rs 2 crore has been earmarked for the purpose.

As part of Azadi Ka Amrut Mahotsav, Rs 75 lakh will be allocated for each ward for taking up development works. The five corporators nominated by the government will be allocated Rs 25 lakh each, for taking up development works, while the mayor will have Rs 3 crore, deputy mayor Rs 1.5 crore and the commissioner Rs 5 crore at their disposal, for financing development activities.


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