STOCK MARKET BSE NSE

VMC Must Raise Its Own Resources: Narayana

Published: 02nd March 2015 06:00 AM  |   Last Updated: 02nd March 2015 06:00 AM   |  A+A-

VMC Must Raise

VIJAYAWADA:Municipal Administration Minister P Narayana has asked the Vijayawada Municipal Corporation officials to speed up household survey, so that more assessees can be brought into tax net and the property tax collected can shore up revenues needed for taking up pending projects.

In a review meeting with VMC Mayor K Sridhar, Commissioner G Veerapandian and other officials, the Minister said funds needed for the 127 pending projects have to be raised by the VMC itself. The pending projects are estimated to cost Rs 139 crore.

Narayana had pointed out that the previous government had exempted around 25 per cent of the people of the city from property taxes and there are several loopholes that need to be addressed. He felt that when the household survey (only 37 per cent of the households were covered till date) is completed, the focus areas that need to be addressed will be revealed.

In regard to contingency measures for supply of drinking water during summer, he said the Chief Minister will shortly convene a meeting and necessary action plan will be readied.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp