Tuesday, August 31, 2010

Flyovers, parking lots in BBMP budget

Flyovers, parking lots in BBMP budget

Express News Service First Published : 30 Aug 2010 03:35:19 AM ISTLast Updated : 30 Aug 2010 10:25:28 AM IST
BANGALORE: After many delays and postponements, the city corporation's budget is going to be presented on Monday, August 30.
Reportedly, the budget is going to be worth `7,500 crore. According to sources, new wards are likely to get 1.5 times more grants than old wards for developmental works. Every ward will get around `36 crore. Sources claimed there would be no increase in taxes.
The budget is likely to sanction 50 flyovers and underbridges along with tree parks. Chairman of the BBMP's Finance and Taxation committee, P N Sadashiva, said the city would get hightech hospitals. He added that 20 multistoried parking lots would be built in congested areas such as Gandhi Bazaar and Freedom Park.
He said the budget would allocate funds to raise the standard of BBMP schools. Free bicycles for girls studying in BBMP schools and sweaters for all children may be issued.
Sadashiva said a portion of `115 crore, required to convert Okalipuram Khoday's Circle into an eightlane road, would be released in this budget. He said five dhobi ghats and hightech laundries, on the lines of the one in Malleswaram, would be built. He said funds had been allocated to develop lakes. A new cell would be set up to preserve heritage places in the city.
The BBMP's budget has to deal with the loans to the tune of `3,000 crore. Sadashiva had on an earlier occasion made clear his focus on revenue generation. Sadashiva said his main aim would be to bring homes into the tax net and increase the earnings by property tax.
The budget is likely to announce welfare measures for senior citizens too.


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