Home NEWS Mangalagiri-Tadepalli civic body approves Rs 1,785 crore budget for 2025-26 | Vijayawada...

Mangalagiri-Tadepalli civic body approves Rs 1,785 crore budget for 2025-26 | Vijayawada News


Mangalagiri-Tadepalli civic body approves Rs 1,785 crore budget for 2025-26

Vijayawada: The Mangalagiri-Tadepalli Municipal Corporation (MTMC) has approved a whopping Rs 1,785 crore budget for 2025-26, marking a significant 500% increase from the previous year’s Rs 345.45 crore. This substantial hike positions MTMC as a major development hub, even surpassing the budgets of nearby cities like Vijayawada (Rs 1,454 crore) and Guntur (Rs 1,534 crore). The increased budget allocation is expected to drive growth and development in the region, solidifying Mangalagiri-Tadepalli’s status as a key area near the capital city of Amaravati.
Victory of Nara Lokesh from Mangalagiri has changed the fortunes of Mangalagiri as the civic body proposed to take up several major projects including underground drainage in the current fiscal. The special officer and commissioner of MTMC, Mohammed Aleem Basha, stamped his nod for the annual budget of the civic body in the absence of the elected general body. The corporation budget showed about Rs 80 crore as opening balance while it estimated the closing balance at Rs 53 crore. The civic body’s total expected expenditure during the current fiscal would be around Rs 1,735 crore.
The municipal authorities anticipated to pool up massive funds from the state and central govts along with different state-level corporations to take up the development projects. The Swachh Andhra corporation would release about Rs 52 crore to take up Sewage Treatment Plants (STPs) in the city. The civic body is also expected to get around Rs 51 crore from Centre through Amrut 2.0 scheme. The comprehensive drinking water scheme would be taken up with Rs 280 crore with the financial assistance from Asian Infrastructure and Investment Bank (AIIB).
The civic body wanted to take up an underground drainage project with Rs 980 crore. Similarly, it wanted to take up a drinking water scheme in the merged villages with Rs 115 crore. The state govt is expected to release Rs 21 crore from city development funds and Rs 10 crore is expected from CSR funds from different firms and agencies. The civic body had also estimated to receive Rs 19 crore from the finance commission grant. “We are expecting to pool up Rs 163 crore from property taxes and other charges in the city,” said commissioner Aleem Basha. The civic body has also decided to spend close to Rs 4 crore for consultancies to ready the Detailed Project Reports (DPRs) of various projects.
In fact, Lokesh has planned several big-ticket projects including 100-bed hospital for Mangalagiri and a retaining wall in Tadepalli with cost of Rs 300 crore.





Source link