The Navi Mumbai Municipal Company (NMMC) has arrange a five-member process power to deal with its rising monetary challenges. Municipal Commissioner Dr. Kailas Shinde has instructed the duty power to suggest methods to get well arrears, establish new earnings sources and scale back operational prices. The crew has been given 15 days to submit its report.
The duty power includes Extra Commissioner Sunil Pawar, Chief Accounts and Finance Officer Satyawan Ubale, Extra Metropolis Engineer Arvind Shinde, Deputy Commissioner Sharad Pawar, and Assistant Director of City Planning Somnath Kekane. The crew has been directed to deal with bettering income assortment, operational effectivity, cost-saving measures, and projecting future earnings.
The NMMC’s income comes primarily from property taxes, authorities grants, water provide charges, commercial revenues, and prices for well being providers and city planning. Nonetheless, no tax hikes have been carried out for over twenty years.
A proposal to exempt properties beneath 500 sq. toes from taxes is into consideration, doubtlessly impacting earnings additional.
To make sure the monetary well being of the company, Dr. Shinde has been conducting common opinions with numerous departments to watch and meet assortment targets. This initiative is geared toward stabilizing municipal funds and bettering useful resource allocation.
The duty power’s suggestions are anticipated to play a major function in shaping the NMMC’s monetary technique. The proposals might additionally create a mannequin for sustainable city governance. The municipal physique’s capability to reinforce income with out burdening residents can be intently watched because it seeks to keep up important providers and infrastructure growth.
