RMC's budget focuses on affordable housing

Vimukt Dave Rajkot
Last Updated : Jan 28 2014 | 9:39 PM IST
In its newly announced budget for the fiscal 2014-15, the Rajkot Municipal Corporation (RMC) has laid emphasis on building social infrastructure and affordable housing for middle income group (MIG) people. The corporation has also geared up for its e-governance programme wherein RMC will be issuing smart cards.

"The way the city is growing, development of social infrastructure is very much needed. For this reason, we have focused more on social infrastructure development projects for the next fiscal," said Ajay Bhadoo, commissioner, RMC.

The corporation will set up community centers, gardens, sports complex and develop Aji and Nyari river sites under social infrastructure development projects. In all, RMC will spend about Rs 220 crore on it.

Overall, the municipal corporation has proposed budget of Rs 2,000 crore for the year 2014-15. Out of this, RMC has proposed Rs 660 crore for affordable housing for middle class under Rajiv Gandhi Aawas Yojana and Mukhyamantri Gruh Yojana, whereas Rs 220 crore will spend on social infrastructure developments. The rest of the budget amount will be allotted for other developments.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 28 2014 | 8:59 PM IST

Next Story