Gandhinagar to roll out revised budget on Feb 8
Updated: Feb 6th, 2024
The state capital will witness the introduction of the revised budget for the year 2024-25 on Feb 8.
A general meeting of the Gandhinagar Municipal Corporation (GMC) is scheduled for today to discuss the proposals accepted by the standing committee.
The seven proposals include changes in residential property weightage, a revision of class III recruitment, amendments to promotion rules, and a revision of the additional expenditure incurred in the previous year’s budget under the salary expenditure of outsourcing employees.
The GMC commissioner, JN Vaghela, presented the draft budget of ₹1,247 cr for the year 2024-25 in a meeting on Jan 19, and it was decided that a revised budget would be presented on Feb 8 after amendments by the standing committee.
Earlier, the committee had invited budget-related suggestions from the citizens as well as from the corporators.
On Feb 3, a meeting for all the corporators was called by the committee; however, the opposition did not turn up for the meeting. The Standing Committee then decided to call a meeting on Feb 8, when a revised budget for the year 2024-25 will be presented after necessary amendments.
Subject | Provisional amount |
(A) Revenue income | ₹562.9 cr |
(B) Revenue expense | ₹324.2 cr |
(C) Capital income | ₹546.1 cr |
(D) Capital expense | ₹923 cr |
Total budget (B+D) | ₹1,247.2 cr |
Total income (A+C) | ₹1,109 cr |
Notably, this year’s budget is ₹295.31 cr more than last year, which was ₹951.87 cr.
As per the draft budget, the estimates for the year 2024-25 do not suggest any increase in the excise duty or cleaning tax.
But the recovery of the taxes will be stricter this time.
The revenue income of GMC in the year 2023-24 was ₹584.8 cr, which is estimated to be ₹562.9 cr in 2024-25.
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