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Corporation passes 2020-21 budget

In the absence of the elected council led by a Mayor, the Greater Chennai Corporation has passed the budget estimates for the financial year 2020-2021 with a revenue receipt of Rs 3,081 crore and expenditure of Rs 3,815 crore, where the revenue deficit will stand at Rs 733 crore for the next fiscal, in a closed door meeting.

Corporation passes 2020-21 budget
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Chennai Corporation

Chennai

In the budget, the commission who is also the special officer, has estimated the capital receipts and capital expenditures during the period at Rs 1,796 crore and Rs 1,900 crore.


According to the budget estimates, the Corporation will spend an amount of Rs 384 crore laying the bus route roads. To ease traffic congestion and improve the stormwater drain network in the city, the Corporation proposed to use Rs 375 crore from KFW bank and Rs 512 crore for the construction of new bridges at congested junctions.


As part of the smart city project and strengthening of the street light network, the civic body would spend Rs 120 crore towards new LED street-lights and posts.


Last year, the Corporation had spent Rs 107 crore for the street light department. The solid waste department would spend Rs 66 crore towards purchase of sanitary equipment and meet out the solid waste requirement.


The engineering department of the Corporation also procured earth movers and compactor vehicles and other vehicles to the tune of Rs 43 crore.


To improve the basic testing facilities at the primary health centre, the Corporation would allocate Rs 1.20 crore.


To spruce up and restore the existing parks, the civic body has earmarked Rs 70 crore and will also explore the option of creating new parks, the budget said.


However, there was no change in the funds allocated for the Mayor special programme implementation with the estimate of Rs 2 crore.

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