The State government is gearing up to issue guidelines for much awaited Building Penalisation Scheme (BPS) very soon.
The penal amount is expected to be 50 per cent more than the penalty collected through BPS introduced in 2007.
The government, sources say, has completed “legal vetting of the scheme.”
The government has indicated the local bodies that the guidelines would be announced by mid April.
There is a delay in announcement of the scheme though the Cabinet has approved it in February.
At the VMC, officials say, applications are expected to touch 15,000. The corporation is expecting to rake in a revenue of Rs. 60 crore to Rs. 70 crore through BPS
