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City Beat: Cash-Hit Authorities in Bengaluru Go All Out to Increase Earnings [Video]

City Beat: Cash-Hit Authorities in Bengaluru Go All Out to Increase Earnings [Video]

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In a move that would help the civic body add money to its tax kitty, the Bengaluru Development Authority (BDA) is planning to audit its properties to cash in on untapped sources of income. A money crunch in the past has led to the development authority making several cuts in its budget while India's information technology capital has yet to complete work on large-scale infrastructure projects. According to a media report, while the body has slashed funds release for its ongoing housing projects, it has also cut down the allocation for the Peripheral Ring Road project, rejuvenation of lakes, and other Central projects. The audit that is expected to be completed in a month's time will help the body recover dues and utilise it for better purposes. Ongoing projects are expected to see better fund flow after the development body is done with the job.

Meanwhile, the money crunch is pinching Bengaluru authorities too hard. It is evident from the fact that they are going all out to claim government-owned land in the city.

The second round of the demolition drive by the Bruhat Bengaluru Mahanagara Palike (BBMP) saw over 40 shops and several other properties coming down across West Bengaluru's Hosakerehalli, Tavarekere and Kengeri localities. These properties were lying at government-owned land worth Rs 900 crore. Despite several notices, shopkeepers in the three localities refused to move out. The municipal body plans to demolish another 900 encroachments over the coming two months. However, the state plans to rehabilitate poor families affected during the demolition drive.

With the expansion of the IT city and a huge number of people making the Karnataka capital their home, the number of encroachments, too, have gone up in the recent past. By claiming government-owned land, authorities will be able to provide the same to be utilised for better purposes. 

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@@Fri Jul 05 2019 13:15:19