No change in tax slabs in VMC’s draft budget for election year
The budget also has an overview of the railway station area development — a project that was first initiated by the VMC during the construction of the Jan Mahal in 2017.
2 min read
The draft budget is also Rs 497 crore higher than the budget presented and approved for the previous financial year. (File Photo)The draft budget of the Vadodara Municipal Corporation (VMC) presented before the Standing Committee indicates no raise in the existing tax slabs for citizens for the financial year 2024-25 during which Lok Sabha elections will be held across the country.
The Rs 5,523-crore draft budget, presented by Vadodara Municipal Commissioner Dilip Rana, has provisions for a water supply network in the coming decade as well as a ring road connecting the periphery of Vadodara city along with encouragement for e-vehicles in the form of 24 charging stations across the city.
The draft budget is also Rs 497 crore higher than the budget presented and approved for the previous financial year. The budget proposes construction of six bridges and flyovers across the city, including a flyover above the Alkapuri railway underpass that currently faces waterlogging during monsoon.
The budget also has an overview of the railway station area development — a project that was first initiated by the VMC during the construction of the Jan Mahal in 2017.
The budget includes proposed development works worth Rs 1,650 crore, including water filtration and water supply projects, sewage treatment plants, storm water drains to mitigate flood risk, and several road projects. It has also allocated Rs 15 crore for solar rooftop projects, Rs 12 crore for CCTV cameras and Rs 15 crore for street lights in various parts of the city.
The budget also has a provision of Rs 10 crore to increase the green cover in the city by creating new gardens and ‘urban forests’.
You May Like
Photos
