GHMC approves Rs 11,538 crore budget
It approved the revised budget, which has increased by Rs 775 crore over this year's Budget of Rs 5,375 crore.
Hyderabad: The GHMC’s general body unanimously approved a Budget of Rs 11,538 crore for 2019-20, presented by Mayor Bonthu Rammohan on Saturday.
It approved the revised budget, which has increased by Rs 775 crore over this year’s Budget of Rs 5,375 crore.
The budget estimates for major projects of other corporations assigned to GHMC have been increased to Rs 5,388 crore from last year’s Rs 3,560 crore.
Mr Rammohan said that Rs 1,850 crore had been sanctioned for the Strategic Road Development Plan, Rs 176 crore for bridges, flyovers and subways, Rs 409 crore for stormwater drainage, Rs 262 crore for water supply and sewerage, Rs 44 crore for street lighting, Rs 71 crore under green budget.
The general body approved a separate Budget for major projects of other corporations assigned to the GHMC, such as the Telangana Housing Corporation for construction of 2 BHK houses, and Hyderabad Road Development Corporation Limited for laying roads. This budget has been reduced by about Rs 1,600 crore from Rs 7,073 crore (2018-19) to Rs 5,388 crore.
The GHMC has approved a Budget of Rs 11,538 crore for two separate categories for the year 2019-20 as against Rs 13,150 crore for 2018-19, showing a reduction of Rs 1,612 crore.
Mr Rammohan said the corporation has been executing the weaker section housing programme in an efficient manner. As against the target of 1 lakh double-bed room housing units, the construction of 30,562 units was nearing completion, he said.