Highlight of the budget is increased allotment for development works
ERODE: Following the footsteps of his Chennai counterpart M. Subramanian, Erode Mayor K. Kumar Murugesh has said that students of Corporation-run schools will get bags.
In his second budget, presented here on Friday, Mr. Murugesh said to start with the Corporation will give the bags to primary school children, the expenses for which will be met from the Corporation’s education fund.
He also announced that the civic body would gift the first three rank holders in high schools.
The scheme will come into effect from the ensuing financial year.
The Mayor could afford to announce such schemes as he presented a Rs. 77.08 lakh surplus budget.
For, the civic body’s total income ,a sum of revenue income and capital income, is Rs. 88.30 crore, and the total expenditure, a sum of revenue expenditure and capital expenditure, is Rs. 87.53 crore.
He said about 25 per cent of the total revenue has been allocated for the development of people in slums.
Mr. Murugesh promised to build a new shopping complex at the 1.5-acre Abdul Kani Market complex.
The new structure would also have a parking lot, he added and did not mentioned the project cost.
The highlight of the budget is the increased allotment for development works. For various development works the Corporation allotted Rs. 11.34 crore in the current financial year.
This year the total expenditure will be Rs. 50.22 crore, which is Rs. 38.88 crore more, he said.
The Mayor also talked about building a new park for children. The 3.75-acre land near V.O.C. Park, which until recently was lorry stand, would be converted in to a children’s park in the next financial year.
Similarly, the V.O.C. Park would get a facelift at Rs. 55 lakh.
New pathways, ornamental lamps, designer fountains would adorn the park, he said and added that of the allotted sum of Rs. 40 lakh would be Government subsidy and the rest Corporation’s funds.
The other salient features of the budget are: additional classrooms at 12 Corporation schools at Rs. 3.76 crore, elevator at Corporation building at Rs. 20 lakh, one more crematorium and vehicle at the modern electric crematorium, conversion of 3.75-km-long mud road into bitumen-topped ones, installation of leak deduction blue brigade to detect leaks in water supply pipes at Rs. 15 lakh, etc.
Soon after Mr. Murugesh presented the budget, Opposition leader ‘Market’ N. Raja dubbed it cosmetic and led a walk out by AIADMK and MDMK members.