Budget for 2012-13 will be presented on Thursday
The Bruhat Bangalore Mahanagara Palike’s (BBMP) budget for 2012-13 will be presented on Thursday.
Citizens, who are anxiously waiting for some development work to be taken up, may have to wait longer, sources in the BJP (ruling party) told The Hindu.
The sources said the budget outlay is likely to touch Rs. 10,000 crore.
“However, with most works spilling over to this budget, there may not be any new projects,” sources added. The outlay for the 2010-11 budget was Rs. 8,484 crore and that for 2011-12 was Rs. 9,675 crore.
With the Assembly elections round the corner, residents hoped the budget would include several projects and schemes to woo voters. However, sources claimed that this may not be the case.
“The spillover works itself will come up to about Rs. 4,000 crore, another Rs. 1,500 crore will go towards administrative expenses. Whatever is remaining will be used for ward works and some projects,” sources said.
They also said that after the budget is presented, the BJP may announce some new projects that will be taken up on public-private partnership and Build Own Operate and Transfer basis.
“We will get funds from various sources, including Centre’s Jawaharlal Nehru National Urban Renewal Mission, to announce schemes and projects,” sources added.