Mayor asks GHMC to improve revenue sources

Hyderabad: Mayor Bonthu Ram Mohan Rao urge the GHMC authorities to explore new revenue sources by plugging systematic loopholes, rather than increasing the property tax and trade licence fee.

Addressing a review meeting on Friday in which newly-appointed Commissioner Lokesh Kumar participated, Mr. Mohan told that the GHMC had taken up various development projects such as SRDP flyover works, construction of double bedroom houses, and protection of lakes.

The wings concerned taking up these projects should devise ways to self-finance the initiatives, he suggested.

Additional Commissioner, Adwait Kumar Singh, said that the GHMC is expected to collect a total of Rs.1800 Crores compared to Rs.1400 crores last year collection.

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