Some respite, broke MC receives Rs125 cr
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Chandigarh, May 9
A broke Municipal Corporation that had to pay the April salary to its employees from its fixed deposits has finally received its first quarter grant-in-aid instalment of Rs125 crore.
This is part of the Rs502 crore aid which the MC will get in four quarters from the UT Administration. The Administration has also given an additional Rs2 crore for the Swachh Bharat Mission to the civic body.
An MC official said the amount would mainly go into salaries and other monthly expenses. Last month, the employees got their salaries after a delay of three-four days due to a shortage of funds.
This year, the corporation cleared a Rs670-crore deficit Budget for the 2021-22 fiscal in anticipation of getting the grant-in-aid as per the Fourth Delhi Finance Commission recommendations. However, that is nowhere in sight for now.