GURUGRAM: Three quarters into the current monetary yr, MCG has spent most effective 40% of its finances budgeted for construction work within the city.
On paper, alternatively, it's simply Rs 105 crore which is 12% of the allocated Rs 836 crore. And officials say some other Rs 225 crore has been sanctioned however no longer yet allotted.
MCG's general funds is Rs 1,425 crore, of which Rs 836 crore is earmarked for most effective construction works.
"Though accounts reflect that only 12% of the development funds has been spent, we have actually utilised over Rs 330 crore till now and should be able to spend around Rs 700 crore in total by the end of this financial year," a senior MCG legitimate told TOI on Friday.
He mentioned a major bite has been spent in opposition to building and street repair, that is Rs 200 crore. In the beginning of this yr, MCG signed a freelance for the repair of roads around the city and civic officials mentioned around 60% of the street repair work has already been accomplished and the entire roads within the city will probably be repaired latest via March 2018.
Interestingly, MCG has no longer spent any cash allocated for the general public lighting fixtures machine within the city of the total of Rs 30 crore allocated this yr. Additionally, of the Rs 25 crore allocated for sewage and drainage, most effective Rs 22 lakh has been spent as of now. Another Rs 50 crore must be spent on the acquire of sweeping machines and cleansing of roads.
"In terms of the money allocated for the proposed medical college, Rs 100 crore will be transferred to GMDA and another Rs 170 crore will be transferred to NHAI for the construction of the four underpasses," mentioned the legitimate.
MCG has frequently been criticised for no longer utilising the advance finances yr after yr. While on one hand, town is in dire of need of infrastructure construction, MCG has been leaving its finances unutilised for years in a row.
However, this yr, officials declare they will be able to utilise Rs 700 crore of the total Rs 836 crore allocated for construction works. The finances for the advance works within the wards have additionally been no longer utlitsed as the councillors have assumed workplace only a month back.
Another Rs 100 crore for the advance of private colonies and unauthorised colonies in Huda sectors stays unutilised as the takeover has no longer been officiated yet.
On paper, alternatively, it's simply Rs 105 crore which is 12% of the allocated Rs 836 crore. And officials say some other Rs 225 crore has been sanctioned however no longer yet allotted.
MCG's general funds is Rs 1,425 crore, of which Rs 836 crore is earmarked for most effective construction works.
"Though accounts reflect that only 12% of the development funds has been spent, we have actually utilised over Rs 330 crore till now and should be able to spend around Rs 700 crore in total by the end of this financial year," a senior MCG legitimate told TOI on Friday.
He mentioned a major bite has been spent in opposition to building and street repair, that is Rs 200 crore. In the beginning of this yr, MCG signed a freelance for the repair of roads around the city and civic officials mentioned around 60% of the street repair work has already been accomplished and the entire roads within the city will probably be repaired latest via March 2018.
Interestingly, MCG has no longer spent any cash allocated for the general public lighting fixtures machine within the city of the total of Rs 30 crore allocated this yr. Additionally, of the Rs 25 crore allocated for sewage and drainage, most effective Rs 22 lakh has been spent as of now. Another Rs 50 crore must be spent on the acquire of sweeping machines and cleansing of roads.
"In terms of the money allocated for the proposed medical college, Rs 100 crore will be transferred to GMDA and another Rs 170 crore will be transferred to NHAI for the construction of the four underpasses," mentioned the legitimate.
MCG has frequently been criticised for no longer utilising the advance finances yr after yr. While on one hand, town is in dire of need of infrastructure construction, MCG has been leaving its finances unutilised for years in a row.
However, this yr, officials declare they will be able to utilise Rs 700 crore of the total Rs 836 crore allocated for construction works. The finances for the advance works within the wards have additionally been no longer utlitsed as the councillors have assumed workplace only a month back.
Another Rs 100 crore for the advance of private colonies and unauthorised colonies in Huda sectors stays unutilised as the takeover has no longer been officiated yet.
MCG spent only 40% of development funds till November
![MCG spent only 40% of development funds till November]()
Reviewed by Kailash
on
December 23, 2017
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