GCC unveils Budget for FY 2024-25 with 82 announcements

Chennai, Feb 21:

The Greater Chennai Corporation (GCC) initiated its budget session for the fiscal year 2024-2025, chaired by Mayor R Priya, marking the third consecutive year.

Projected Revenue:

The GCC anticipates a revenue of Rs 4464.60 crore for the financial year 2024-25, with an expenditure of Rs 4727.12 crore. Despite this, the revenue deficit has notably decreased to Rs 263 crores.

Initiatives for Educational Institutions:

Allocation of Rs 7.64 crore to install CCTV cameras in 255 corporation schools across eight zones.

Establishment of Child Protection Committees in primary and middle schools, to be chaired by ward councillors.

Efforts for Civic Management:

Procurement of seven new vehicles, costing Rs 70 lakh, for stray dog control operations citywide.

Allocation of Rs 1.16 crore to recruit 45 temporary workers to address issues related to stray cattle.

Flood Mitigation Measures:

Allocation of Rs 10 crore towards desilting eight water bodies to mitigate flooding during monsoon seasons.

Financial Overview:

A surplus of Rs 300 crore is expected in the capital account, with revenue and expenditure estimated at Rs 3,455 crores and Rs 3,140.58 crores, respectively.

Introduction of `EmpowHer` gyms in 200 wards, costing Rs 10 crore, aimed at promoting women`s health and empowerment.

Infrastructure Development:

Repair of 4,750 roads and pavements under various schemes, including NSMT, TURIF, and SFC, with a budget of Rs 404 crore.

Enhanced Funding for Local Development:

Increase in the Chennai Mayor Development Fund from Rs 2 crore to Rs 3 crore.

Raise in ward councillors` fund to Rs 45 lakh from Rs 40 lakh for the fiscal year 2024-25.

Technological Advancement:

Allocation of Rs 1 crore to provide tablets for ward councillors, facilitating better communication and governance.

The budgetary allocations and proposed initiatives underscore GCC`s commitment to addressing key civic issues while promoting the overall development and well-being of Chennai and its residents.

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