KMC to present Rs25.9b budget this week

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It contains 16 growth initiatives price Rs2063million

Posted: Jun 28, 2021 | Last Updated: 5 minutes in the past



The Karachi Metropolitan Corporation goes to present its Budget 2021-2022 this week. The outlay is Rs25.9billion.

It
is a surplus budget with an quantity of Rs11.94million.

Here
are some salient options of the budget.

  • The present receivable is to be Rs20,088 million with a capital quantity of Rs893.21million.
  • Funds price Rs5001million have been allotted for district ADP.
  • Establishment expenditures are estimated to be Rs16,202 million.
  • Rs2,113 million have been allotted for contingency.
  • Rs201.74million allotted for restore and upkeep.

It is the primary KMC budget after the four-year tenure of the native authorities got here to finish in 2020.

The
following reveals the quantity allotted for Karachi within the final 4 years.

  • FY2020-21: Rs24.8billion
  • FY2019-20: Rs26.4billion
  • FY2018-19: Rs27.1billion
  • FY2017-18: Rs27.1billion

KMC budget 2021

Development
initiatives

The KMC has allotted Rs2451million for growth initiatives within the metropolis. Here are 16 main growth initiatives and the funds allotted for them.

  1. Rs800 million: enchancment of the highway from Machli Chowk to KANUPP Road.
  2. Rs300million: rehabilitation and growth of Allama Shabbir Ahmed Usmani Road.
  3. Rs120 million: cleansing and desalting of stormwater drains.
  4. Rs100milion: enchancment of enlargement joints of all bridges.
  5. Rs100 million: provision and set up of drainage strains at Zulfiqarabad Oil Tanker Terminal.
  6. Rs81million: renovation and enchancment of Hippodrome, a stadium for horse racing.
  7. Rs80million: growth and enchancment of the fish aquarium.
  8. Rs80million: growth and enchancment of roads, footpaths, and bridges.
  9. Rs70million: fixing parking plaza at Shahabuddin Market adjoining to Empress Market.
  10. Rs68million: buy of ventilators for KMC’s hospitals.
  11. Rs60million: set up and upkeep of avenue lights at Mai Kolachi Road.
  12. Rs50million: highway website plantation estimated.
  13. Rs50million: buy of animals/birds for Safari Park and Karachi zoo.
  14. Rs49million: buy of medical, electrical and different gear for KMC’s hospitals.
  15. Rs40milllion: growth and enchancment of the zoo and Safari Park.
  16. Rs15million: building of a badminton court docket at Aga Khan Park.

From the place will the KMC will get its income in FY2021-22?

  • Octroi Zila Tax share: Rs15,075 million
  • District ADP: Rs5,001 million
  • Dues towards Okay-Electric: Rs1,850 million
  • Revenue to be collected from land, state, ZOT, enforcement, Katchi Abadies, PD Orangi, and charged parking: Rs1,708 million
  • Municipal utility fees and taxation: Rs1,312 million
  • Culture, sports activities and recreation: Rs184million
  • Transport and communication: Rs261million
  • Veterinary companies: Rs222 million
  • Municipal companies: Rs201 million
  • Dues towards KPT: Rs100 million
  • Transfer of earnings from SBCA: Rs100 million
  • Engineering: Rs95 million
  • Medical and well being companies: Rs81 million
  • Parks and horticulture: Rs35 million
  • Enterprises and funding promotion: Rs15 million
  • Administrator secretariat: Rs1.1 million
  • Information expertise: Rs0.1 million

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