Ranchi Municipal Corporation (RMC), during a meeting of its standing committee on Monday, passed an annual budget of Rs 400 crore for the financial year 2013-14.
The budget passed includes Rs 240 crore of Central fund under the Jawaharlal Nehru National Urban Renewal Mission, Rs 100 crore state government grants and Rs 60 crore that RMC will raise through taxes.
“The civic body expects to get Rs 240 crore for different development works like drinking water supply, shelter for needy under basic services for urban poor and purchase of new buses.
The civic body has also set a target of Rs 60 crore to be raised through different taxes,” confirmed RMC public relations officer Naresh Sinha.
Apart from this, he added that the civic body also expected some funds from the state government for various development works that it will carry out that includes construction of new drains, repair of roads and makeover of the Jaipal Singh Stadium on a priority basis.
The standing committee, besides this, also approved a proposal to allot funds to the tune of Rs 5 lakh each to the mayor, the deputy mayor, chief executive officer and chairman of the water board. The officials will be able to use such funds in the coming summer months for providing drinking water facilities to residents.
“These funds will basically be used for setting up tube wells in various localities under RMC’s jurisdiction.
\No approval from the RMC board would be required for any spending made from these funds,” said water board chairman of the civic body Suresh Sahu.
The issue of imposing tax on deep boring was also mooted during Monday’s meeting.
However, the proposal — which called for taxing residents who undertook deep-boring work — could not be passed.