The budget of Urban Local Bodies will be getting 7 per cent of Budget, and the 2 per cent of Budget will be kept separately for the local bodies with low income. Urban Local Bodies get 2 percent of the budget in the form of stamp duty, apart from this 2 percent amount has also been kept in reserve as electricity surcharge. Besides, a new advertising policy will be made to increase income in all Municipal Corporations, Municipal Councils, and Municipalities.
After presiding over a meeting organised in connection with the discussion on financial stability and budget preparations of Urban Local Bodies at Haryana Niwas here on Friday, the Chief Minister, Manohar Lal said that under the 74th Amendment of the Constitution, the Urban Local Bodies have been empowered to perform 18 types of functions. These bodies are being further strengthened in the state. All Municipal Corporations, Municipal Councils, and Municipalities should prepare their budget from March 15 to March 31 at the local level and send it to the headquarters. He directed them to not estimate the income proposed in the budget and make it according to the actual income. He further directed them to create new sources to increase income and improve the services provided by the bodies to the public. He said that the schemes which are not very active should be merged with other schemes. He reviewed the scheme-wise progress of the Departments. It is pertinent to mention that illegal colonies located in the state will also be regularised. Meanwhile, several departments will be consulted before presenting the budget in the state assembly.