NDMC Unveils Surplus Budget of Rs 240.2 Crore for 2024-25, Prioritizes Innovation and Sustainability

28 Dec 2023 , 03:37 PM

The New Delhi Municipal Council (NDMC) presents a projected budget surplus of Rs 240.2 crore and revenue of Rs 5,069.6 crore for 2024-25.

The council focuses on making NDMC an aspirational city and a global benchmark for the national capital. No property tax rate increase is planned, but revenue collection aims for Rs 1,150 crore from property tax in FY 2024-25.

Geo-tagging for all properties will be implemented to streamline tax reforms, requiring photos uploaded through a mobile app or NDMC website.

Strategies to address air pollution include transitioning to electric vehicles, expanding e-charging infrastructure, and embracing green bonds.

Introduction of small electric mechanized vehicles for narrow spaces and an ‘One Day, One Road’ program for intensive cleaning of roads and footpaths.

Establishment of an ‘innovation fund’ to support cutting-edge technologies, with the inaugural project focusing on cleaning a portion of the Kushak drain.

Distribution of tablets to Class 9 students starting next year, allocating Rs 10 crore in ‘untied funds’ for RWAs and MTAs. Acquisition of 200,000 tulip bulbs for urban beautification, promoting domestic production to support Make in India initiative.

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