Proposed Rs. 11,692 Crores For Municipal Administration

Hyderabad, Feb 10 (Maxim News): Vote-on-Account budget – 2024-25 proposed Rs. 11,692 crores for Municipal Administration, keeping in view that Hyderabad is not only the capital of Telangana state but also a major source of income for the government, Hyderabad attained this financial strength. The establishment of the lIT Sector, Hyderabad Metro Rail, shamshabad International Airport, ORR, and other international-level infrastructure facilities in Hyderabad and a host of other projects took shape during the earlier Congress regimes.

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The wealth created through the development of Hyderabad is not meant for a few officers or leaders selfish gains but it belongs to people as a whole. With this aim, we are cleansing all systems. 

Musi River which flows through Hyderabad and the surrounding districts has a long and illustrious history.  We have put in place an action plan not only to clean the Musi River but also to develop its catchment area as an employment generation region. We are taking immediate measures to revive the Musi River, clean it, and develop its riverfront. Chief Minister Revanth Reddy during his recent visit to London paid a visit to the River Thames Front and met the officials there to examine the functioning of the Thames River Front. Our government aims to take up integrated development of the Musi River on those lines.  In this regard, the Chief Minister held discussions with British Commissioner Alexander Ellis and Sri Suman Berry, vice chairman of Niti Aayog.

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Our government will take up this program as part of the Musi River Front Project.  As part of this, Pedestrian zones, and people’s plazas. Heritage zones in the Old City will be developed. River Musi and its catchment area would be developed into an environmentally friendly zone with a comprehensive plan.  Cultural heritage places will also be protected as part of the project. Funding for the project will be partly raised by monetization of the RiverFront. Musi River will be a place of tourist attraction.  In this budget, we are proposing Rs. 1,000 crores, for the project. 

The government is committed to decongesting Hyderabad and to the development of all regions in the State.  Accordingly, separate plans will be made by dividing the State into three zones with Hyderabad as the Centre viz, Hyderabad inside the ORR is an urban area, the region between ORR and the proposed regional ring road is peri-urban and outside the regional ring road is rural zone.

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The government further desires to develop all the municipal areas in the state comprehensively. As per the recommendations of the State Finance Commission, funds will be released for the development of the urban areas. (Maxim News) 

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