BBMP budget to be expected by month-end
Mayor, D Venkatesh Murthy has announced that the budget for the city for the year 2012-13 would be introduced by the end of this month.
He said that the upcoming budget will be a real one. He also said due to the slow progress of few other projects, which had been under way for three-four years now, have affected city’s development. Ideally, a project should be completed within a year it is started, he added.
Murthy said the approval process from the state government delays a project. He said according to the KMC Act the BBMP should get government’s approval before starting work on every project mentioned in the palike’s budget.
To read more real estate news:
BBMP budget to be presented by May 2012
Source: The DNA
Bangalore, BBMP, Budget, D Venkatesh Murthy, Development, government approval, KMC Act, projects approval, upcoming budget
[...] BBMP budget to be expected by month-end [...]
[...] BBMP budget to be expected by month-end [...]