Nagpur: Sheetal Ugale, president of Nagpur Improvement Trust (NIT), presented its 2020-21 budget on Wednesday. The budget outlay has reduced this tax from Rs 388 to Rs 311 crore, as most Gunthewari layouts were transferred to Nagpur Municipal Corporation (NMC). The seven street schemes of NIT in the town were also transferred to NMC.
On the expenditure side, NIT has sanctioned Rs 33 crore for 100 playgrounds in-town development. This is Union Transport Minister Nitin Gadkari’s dream project.
NIT is spending Rs 17 crore on road tarring and other development works. Around Rs: 4 crores will be spent on NIT Gardens plantations and garden development. In Manewada, NIT received Rs 36.68 crore from local area development (LAD) funds from local MPs and MLAs to develop e-library, Islamic cultural center, and other works.
NIT will implement the seventh pay commission for its staff and retired employees. This will result in an additional Rs 87 Crore in expenditure. The civic agency expects Rs 2 crore from Gunthewari layouts that are still with NIT but will need to spend Rs 30.45 crore on providing civic amenities in those areas.
A source in NIT said Nagpur Metropolitan Region Development Authority (NMRDA) will execute Koradi temple development, Futala multimedia show, Tajbagh dargah embellishment, Chicholi museum, Dr. Babasaheb Ambedkar convention center, etc. NMRDA will also build the houses under Pradhan Mantri Awas Yojana (PMAY).
The Rs 2.36 crore is the carry forward from 2019-20 according to the budget document. NIT expects revenue of Rs 311.30 crore in 2020-21, of which Rs 118.57 crore is capital receipts, Rs 80.66 crore is revenue receipts and advances, and Rs 29.70 crore deposits are to be given.
Capital spending in 2020-21 is expected to be crore Rs 147.09, revenue spending will be crore Rs 106.70, advances and deposits will be crore Rs 54.68. The next fiscal will be spent on Total Rs 308.47 crore.
