STOCK MARKET BSE NSE

VMC Budget, a Jugglery: CPI

Published: 07th March 2015 06:00 AM  |   Last Updated: 07th March 2015 06:00 AM   |  A+A-

VIJAYAWADA: Calling the Vijayawada Municipal Corporation (VMC) budget an immature one, CPI city unit said it will vehemently oppose any move by the civic authorities to impose more taxes on the people.

Speaking to newsmen here Friday, CPI city secretary D Shankar said VMC had come up with unrealistic figures when it presented its Rs 487-crore revenue budget. “They say after the household survey is completed, the property taxes collected would help in reaching the target of `414 crore. If there is to be any revenue increase, it would be around `20 crore or less, but not in hundreds of crores as projected by the VMC,” he said.

Shankar said the ruling party had failed to present facts to the people and was trying to hoodwink them with jugglery of numbers. “Instead of putting pressure on the people, efforts should be made to get the pending funds from both the Centre and the state government,” he said.

CPI leader wondered why chief minister N Chandrababu Naidu, who is complaining that the Centre is releasing funds due to the state, is doing the same when it comes to the pending funds for VMC. He warned of severe backlash if the civic body decided to impose more tax burden on the people.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

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