Khammam,March 8,(way2newstv.in):
The Council approved the budget of Khammam Corporation for Rs 543 crore.However, corporation officials have designed a budget that this year will earn huge revenue this year.But in fact, the corporation's revenue is 81 crores while the 2018-19 Amrith scheme will be announced by 230 crores and the revenue from 462 crores to other giants.
600 CRORES INCREASED KHAMMAM BUDGET
In the budget session of today, the total budget is to be shown as Rs 543.96 crore.In the year 2017-18, the total income of the city is about Rs 28 crore, which is about Rs 21.53 crore.Officials estimate that the city corporation will earn about Rs 100 crore from LRS as well as Rs 12.63 crore through registrations and mutual funds, 3.18 crore through shop taxes, 1.36 crore from trade licenses.Officials will be entrusted with a budget of Rs 462 crore from Khammam Corporation from central and state sponsorship through different grants.Rs 230 crore will be recovered from Amrutapadakam and the revenue coming in different forms.The revenue from nonflancing funds is estimated to be Rs 10,20 crore while it is expected to be in line with the Planning Funds.The actual income of the company is about 81 crores and through various grants, 462 crores will be shown in the budget together with the upcoming funds.Budget meeting Some councilors have approved the budget.
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