The Mayor of Agartala Municipal Corporation, Dipak Majumdar, presented the proposed budget for the fiscal year 2023-24, outlining a total expenditure of Rs 397 crore. The budget, showcased at the AMC head office, focuses on the comprehensive development of the city and the provision of essential amenities for its residents.
Among the budget highlights, Mayor Majumdar revealed that Rs 55.22 lakh constitutes deficit expenditure. He assured that measures would be taken to address this shortfall through various tax initiatives.
Comparatively, the estimated income for the current fiscal year has seen a rise. In 2021-22, the projected income was Rs 244.77 crore, which increased to Rs 366 crore in 2022-23. For the financial year 2023-24, the estimated income stands at Rs 396 crore, resulting in a deficit of Rs 55 lakh between income and expenditure.
The budget is set to be officially accepted on August 10th, in the presence of corporators.
Notably, participants in the freedom movement or the families of martyrs residing in Agartala city will receive a 10 percent tax exemption.
Additionally, the Mayor announced the launch of the "Meri Mitti Mere Desh" project, scheduled from August 16 to August 20. The official inauguration will be held on August 14 at Agartala Elbert Club. The event aims to showcase the inspiring story of Bangladesh's liberation war.
Under this initiative, flags will be hoisted in all wards and soil will be collected from water bodies or nearby ward offices. The main function will take place at Albert Ekka Park, where freedom fighters, defense personnel, state police and families of martyrs will be honored.
Another significant aspect of the budget includes the "Vasudha Bandan" initiative, which involves planting 75 trees in a designated area of Albert, with distribution managed by the forest department.
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