Hey Pune folks, get ready for some budget talk! The Pune Municipal Corporation is gearing up to present its budget for the year 2025-26 to the Standing Committee on March 4. This will be the first budget under the leadership of Municipal Commissioner Dr. Rajendra Bhosale, who has quite the task ahead of him.
With property tax revenue on the decline, the closure of the Local Body Tax department, and lower income from various fees, the PMC is facing some financial challenges. Residents are curious to see if this budget will bring in new projects or stick to the maintenance-heavy approach we’ve seen in recent years.
Speaking of finances, there seems to be a budget deficit of over ₹3,000 crore in recent years. Despite receiving a good amount of revenue, the budget projections have been criticized for being a bit too optimistic. Will this year bring a more realistic budget without an elected Standing Committee in place?
Deputy Chief Minister Ajit Pawar has highlighted some key focus areas for the budget, including improvements in road and transport infrastructure, water supply projects, and health services. With traffic congestion and pollution on the rise, these issues need some serious attention.
As Pune faces various challenges like pollution, poor public transport, and infrastructure issues, the big question is whether this budget will bring in some new and bold initiatives or stick to the status quo. We’ll find out on March 4 if Dr. Bhosale is ready to shake things up or play it safe for Pune’s development. Stay tuned for more updates!
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