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TMC chief presents Rs 1,100-crore budget

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Express news service

Posted: Feb 19, 2008 at 0117 hrs IST

Mumbai, February 18 Thane Municipal Commissioner Nandkumar Jantre presented a budget of Rs 1100 crore for the year 2008-2009 before the standing committee on Monday. It is an increase of Rs 258 crore compared to the 2007-2008 budget of Rs 842 crore.

The budget gives more stress on roads, water supply and infrastructure projects in the city. The projects include the flyovers on Ghodbunder Road, the new parking plaza in the city, road widening at Vitava and construction of a flyover at Mumbra station. Besides, a portion of the budget has been allotted for the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

Rs 3 crore has been allocated for the beautification of Masunda lake which is considered as a landmark of the city. An amount has also been allocated for development of the creek.

What may come as a relief for Thaneites is that the TMC has not increased any tax this year.

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