FM gives Rs. 1,000 Cr to GHMC, Rs. 300 Cr to WMC

Finance Minister Eatala Rajender on Monday said that the Telangana Government would provide an assistance of Rs. 1,000 crore to Greater Hyderabad Municipal Corporation (GHMC), Rs. 300 Crore to Warangal Municipal Corporation and Rs. 400 crore to other municipal corporations in the State.

“Nearly 40% of the total population of the State is urban and Hyderabad city alone accounts for over 20% of State’s urban population. Providing civic amenities to the growing urban population is a challenging task. The government is making sincere effort to meet this challenge. Importance is being accorded to meet the immediate needs of urban areas. For this purpose, special provisions are being made for the development of infrastructure in Hyderabad and other municipalities,” the Finance Minister said in his budget speech for 2017-18. An amount of Rs. 350 crore has been proposed for development of Musi River Front.

The total allocation proposed to the Municipal Administration and Urban Development is Rs. 5,599 crore.

“Extra-budgetary resources will be raised for the development of urban infrastructure. The present infrastructure facilities are not adequate to meet the growing population of the capital city of Hyderabad. In the monsoon season, there is flooding and water logging in many areas of the city. The road network is also not found to be adequate. To address these problems, it is proposed that the Urban Infrastructure Development Corporation will take up works relating to improvement of storm water drains in the city and road development in and around the city,” he said. (INN)