Civic body owes contractors over ₹3,200 crore in pending bills
The Hindu
So far, civic body has collected 66% of targeted ₹4,000 crore in propert tax
With pending bills to contractors mounting to ₹3,229 crore, the fiscal health of the Bruhat Bengaluru Mahanagara Palike (BBMP) is once again under scrutiny. Senior civic officials said these are bills for various development work taken up by the BBMP.
The civic body has also taken up projects that were sanctioned by the current and previous State Governments under various schemes. Most of these are on-going and are estimated to cost around ₹9,000 crore. The State Government is yet to sanction funds to the BBMP for the same, officials admitted.
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