3 Indian companies show interest for monorail rakes: MMRDA

After spending greater than ₹630 crore on its combat towards the Covid-19 outbreak, the Brihanmumbai Municipal Corporation (BMC) may need to transform on its 2020-21 budgetary allocations to satisfy any extra bills that are prone to incur whereas combating the virus unfold. The civic physique could, thus divert funds that have been allotted for sure tasks within the funds to satisfy Covid-related bills.

Currently, the nation’s richest civic physique is utilising cash from the ₹850-crore contingency fund created for ‘unexpected expenditure’.

“As of now, we have around ₹220 crore of contingency funds left. A majority of the money was utilised for the creation of health facilities. If the need arises, we will start doing the internal exercise soon,” extra municipal commissioner P Velrasu stated.

However, BMC stated it has not determined the best way to elevate more cash if the contingency fund quantity runs out to satisfy Covid-19 bills. It knowledgeable {that a} choice might be taken within the coming days, if such a necessity arises.

As per the civic physique, prior to now two months, the expenditure shot up drastically owing to the rising instances. Till April, the BMC spent round ₹100 crore, which surged to round ₹480 crore by the primary week of June. By the primary week of July, it additional surged to a complete of ₹630.

Apart from the well being infrastructure, the BMC spent on resort payments for lodging of frontline employees, recruitment of latest employees on contract foundation, meals distribution, procuring medical tools corresponding to private protecting tools (PPE) kits, N95 masks, 3-ply masks, gloves, face shields, hydroxychloroquine, thermometers, body-bags, protecting eye-wear, sanitisers and many others. Some of this stuff have been additionally acquired as donations within the type of company social duty (CSR) or from organisations. However, the precise quantum of the donated gadgets isn’t but identified.

Meanwhile, Congress corporator and chief of Opposition within the BMC, Ravi Raja, stated, “We cannot comment on how the BMC can raise money for future Covid-19 expenses, considering it has not informed the elected representatives about the expenditures made yet. I have personally sought details from the officials, but they are not sharing it. We expect transparency over the expenses, and the information pertaining to it should be made available to elected representatives.”

The BMC introduced a funds of ₹33,441.02 crore in February, of which ₹2 crore was allotted to improve the medical services at Kasturba Hospital. At the time, there was no Covid-19 outbreak within the metropolis, and the capital expenditure was pegged at ₹14,637 crore for monetary yr 2020-2021.

A serious allocation (₹1,600 crore) was made for the roads division, adopted by the bridges division (₹799 crore). The civic physique needed to dip into its reserved funds of ₹79,829 crore by withdrawing from it for infrastructure tasks and has determined to attract out Rs 4,380 crore from it this yr.

The different main allocations have been made for improvement plan 2034 (₹3,248 crore), well being (₹4,260 crore) and schooling (₹2,944 crore). For the coastal highway challenge, an allocation of round ₹2,000 crore was made, whereas for the proposed Goregaon-Mulund Link Road, the civic physique reserved ₹300 crore. The funds made allocations value ₹506 crore for the proposed Gargai Dam in Palghar district.

In a primary, the civic physique additionally opened a tourism division and allotted funds value ₹183 crore.

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