- Edited and Published by S.K Nair Director Edutech Foundation - Bangalore
The Bruhat Bengaluru Mahanagara Palike (BBMP) on Monday presented the budget for the financial year 2020-21 with an outlay of Rs.10, 896 Crore. For the first time in the civic body’s history, the budget was presented via video conference, which the Corporators witnessed sitting in zonal offices, strictly adhering to social distancing rule. The presentation lasted an hour, which the BBMP council approved immediately and unanimously. The budget, which envisages Rs 10,899.23 crore of receipts and an expenditure of Rs 10,895.84 crore, is lower in the total outlay compared to that of 2019-20.
In the 40-page budget speech, Taxation committee chairperson L Srinivas
announced Rs 2-crore funds for each ward for Covid-19. Rs 25 lakh will be given to the Chief Minister’s Relief Fund. He set aside Rs 49.50 Crore for this purpose.
Clarifying this, Mayor Goutham Kumar said: “There is no condition on spending Rs 25 lakh for the Covid-19 work as the government is spearheading all the relief works relating to Covid-19.”
Revenue Minister R Ashoka said: “The allocation has been made keeping in mind the funds given out in the past four years. Whichever ward had missed out previously has been accommodated this time.”
The minister, however, said that the budget would be placed before the government for approval, during which there will be slight adjustments in the annual expenditure and estimates.
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