CM assures to release remaining spl grants of Rs 175cr soon
Anjaya Anparthi | TNN | Dec 29, 2018, 03:33 ISTNagpur: With the new year only a few days away, the cash-strapped Nagpur Municipal Corporation (NMC) is likely to get remaining special grants of Rs175 crore. Chief minister Devendra Fadnavis has assured to release the grants soon.
Standing committee chairman Virendra Kukreja told TOI that Fadnavis gave him the assurance when they met on Thursday. “We are hopeful that Fadnavis will release the grants in January. Grants of Rs175 crore will come as a major relief for the civic body,” he said.
In October, Fadnavis approved special grants of Rs325 crore to the NMC considering the request of Union minister Nitin Gadkari and Kukreja. Grants worth Rs150 crore were released in November.
Earlier this month, Fadnavis increased goods and services tax (GST) grant from Rs52.57 crore per month to Rs86.16 crore. The revised grant was made effective from September that brought more funds of around Rs100 crore to the NMC.
Kukreja said the NMC’s financial condition has improved to a great extent in the last three months. “The NMC released payment of Rs2 crore each to three Red Bus operators on Friday. Bills of cement concrete road projects have been cleared. Bills of Hudkeshwar and Narsala have been cleared up to December,” he said.
“Works approved under government grants as well as regular payments too have been cleared up to November and July, respectively. The process to clear regular payments up to October is underway and will complete within a week,” he said.
Various types of assistances from the government has helped the NMC in clearing long pending dues of contractors, bus operators and shares in government and developmental projects.
Standing committee chairman Virendra Kukreja told TOI that Fadnavis gave him the assurance when they met on Thursday. “We are hopeful that Fadnavis will release the grants in January. Grants of Rs175 crore will come as a major relief for the civic body,” he said.
In October, Fadnavis approved special grants of Rs325 crore to the NMC considering the request of Union minister Nitin Gadkari and Kukreja. Grants worth Rs150 crore were released in November.
Earlier this month, Fadnavis increased goods and services tax (GST) grant from Rs52.57 crore per month to Rs86.16 crore. The revised grant was made effective from September that brought more funds of around Rs100 crore to the NMC.
Kukreja said the NMC’s financial condition has improved to a great extent in the last three months. “The NMC released payment of Rs2 crore each to three Red Bus operators on Friday. Bills of cement concrete road projects have been cleared. Bills of Hudkeshwar and Narsala have been cleared up to December,” he said.
“Works approved under government grants as well as regular payments too have been cleared up to November and July, respectively. The process to clear regular payments up to October is underway and will complete within a week,” he said.
Various types of assistances from the government has helped the NMC in clearing long pending dues of contractors, bus operators and shares in government and developmental projects.
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