Civic body to present Rs1K cr annual Budget on March 23

Tribune News Service
Ludhiana, March 17

The Municipal Corporation’s proposed annual Budget will be presented during the House meeting scheduled to be held on March 23.

Mayor Balkar Singh Sandhu said a budget of around Rs 1,000 crore would be presented during the upcoming House meeting. A meeting was conducted today to hold a discussion to prepare the annual Budget of the MC for year 2021-22.

The Mayor said the MC had decided not to charge library fee from students at the MC’s library from the coming financial year. He said they had also decided not to install number plates on carts.

F&CC approves Rs100 crore loan proposal

A meeting of the Finance and Contract Committee (F&CC) was held at the Mayor’s camp office on Wednesday. The panel has approved the proposal regarding a loan of Rs 100 crore that is to be taken from a bank for development works.

Mayor Balkar Singh Sandu said around 100 proposals, mostly related to development works, were approved during the F&CC meeting.

Mayor Balkar Singh Sandhu said Senior Deputy Mayor Sham Sundar Malhotra had been asked to look into the matter regarding the installation of traffic lights on the BRS Nagar and Rajguru Nagar intersections.

The Municipal Corporation had prepared a proposal for installation of new traffic lights at these points. However, solar power-based traffic lights were earlier installed at these points in 2016. Senior Deputy Mayor Sham Sundar Malhotra will check whether there is a need to instal new traffic lights or not.