Mayor to call all-party meet before Budget : The Tribune India

Join Whatsapp Channel

Mayor to call all-party meet before Budget

Civic body plans to present Rs 1,043.46-crore Budget for coming financial year

Mayor to call all-party meet before Budget


Tribune News Service

Ludhiana, March 17

The Municipal Corporation’s Budget meeting for the upcoming financial year is expected to be held soon.

The civic body is planning to present an estimated Budget of Rs 1,043.46 crore for the upcoming financial year 2023-24, as per information. However, the MC is making efforts to meet the Budget income target for 2022-23.

As the civic body’s current House term is going to end on March 25, the House meeting for the annual estimated Budget is expected to be held soon. Mayor Balkar Singh Sandhu said the House meeting would be held soon but the date for

the same would be fixed only after the all-party meeting.

He said he would call an all-party meeting soon.

Notably, the sanctioned budget for 2022-23 was Rs 988.13 crore but it is to be revised to Rs 1,000.8 crore. The civic body had generated an income of Rs 520.56 crore from April 1, 2022, to January 31, 2023, and it was expecting to generate Rs 480.24 crore more by March 31, 2023.

About The Author

The Tribune News Service brings you the latest news, analysis and insights from the region, India and around the world. Follow the Tribune News Service for a wide-ranging coverage of events as they unfold, with perspective and clarity.


Top News

Watershed moment: CJI hails new criminal laws

Watershed moment: CJI hails new criminal laws

But cautions on need for robust court infrastructure


Cities

View All