• Thu. Feb 29th, 2024

Vote-on-Account Budget 2024-25: Rs. 11,692 Crores For Municipal Administration

Vote-on-Account Budget 2024-25: Rs. 11,692 Crores For Municipal AdministrationVote-on-Account Budget 2024-25: Rs. 11,692 Crores For Municipal Administration

Hyderabad, Feb 10 (Hydnow): Vote-on-Account budget 2024-25 proposed Rs. 11,692 crores for Municipal Administration, keeping in view that Hyderabad is only capital of Telangana state but also a major source of income for the government, Hyderabad attained this financial strength.

Establishment of IT Sector, Hyderabad Metro Rail, Shamshabad International Airport, ORR and other international level infrastructure facilities in Hyderabad and host of other projects took shape during the earlier Congress regimes.

The wealth created through the development of Hyderabad is not meant for a few officers or leaders selfish gains but it belongs to people as a whole. With this aim we are cleansing all systems.

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Musi river which flows through Hyderabad and the surrounding districts has a long and illustrious history. We have put in place an action plan not only to clean Musi River but also to develop its catchment area as an employment generation region. We are taking immediate measures to revive Musi River, clean it and develop its riverfront.

Chief Minister Revanth Reddy during his recent visit to London paid a visit to River Thames Front and met the officials there to examine the functioning of the Thames River Front. Our government aims to take up integrated development of Musi River on those lines.

In this regard, the Chief Minister held discussions with British Commissioner Alexander Ellis and Sri Suman Berry, vice chairman of Niti Aayog.

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Our government will take up this programme as part of the Musi River Front Project. As part of this, Pedestrian zones, people’s plazas.

Heritage zones in the Old city will be developed. River Musi and its catchment area would be developed into an environmentally friendly zone with a comprehensive plan.

Cultural heritage places will also be protected as part of the project. Funding for the project will be partly raised by monetization of the River Front.

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Musi River will be a place of tourist attraction. In this budget we are proposing Rs. 1,000 crores, for the project.

The government is committed to decongest Hyderabad and for development of all regions in the State.

Accordingly, separate plans will be made by dividing the State into three zones with Hyderabad as the Centre viz, Hyderabad inside the ORR is urban area, the region between ORR and the proposed regional ring road is peri urban and outside the regional ring road is rural zone.

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Government further desires to develop all the municipal areas in the state in a comprehensive manner. .As per the recommendations of the State Finance Commission, funds will be released for development of the urban areas. (Hydnow)


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