SUB : REVENUE COMMITTEE HAVING LEGAL STATUS FOR EMPHASIZING ON INCREASING THE INCOME OF LOCAL SELF INSTITUTIONS LIKE PUNE MUNICIPAL CORPORATION.
Pune Municipal Corporation is a local self institution and by the initiative of Congress Party, till date several proposals have been presented for increasing the revenue of Municipal Corporation.
However, applying several ways and means to increase the income and to make available more funds for development without burdening the citizen with levy of any additional taxes. We as Congress Party members and also as elected councilors have recommended for Revenue Committee to be formed as Income Committee same as the standing committee looking after only the matters of expenditure. Due to the lack of legal committee for increase in income important matters are neglected unpardonably.
The main sources of Income / Revenue is to Pune Municipal Corporation is derived from Octroi, Property Tax and Development Charges. Now Since the Octroi is being likely to be abolished in near future, it is expected that such Revenue Committee finds some better alternatives so as to increase / fulfill the deficit that may caused because of octroi abolition therefore the need of such Revenue Committee becomes vital. Since a committee like legal Revenue Committee not being in existence, any decision with regard thereto is kept pending. Hence it is absolutely necessary that an internal Revenue Committee in the Municipal Corporation comes into existence. It is expected that this committee comprises of officers and public representatives from all parties and such revenue committee meets once in a week like standing committee and carries out the agenda before it and also find out new ways and means and increasing the income of Municipal Corporation without burdening the general public.
Several schemes are presented in the annual budget of Pune Municipal Corporation. However, in many times in-sufficient funds caused delay and increase in the project cost. In certain times even if the funds are available still the development works are dragged behind the schedule and resulting in unnecessary blockage of funds. All this causes cumulative effect on the development of the city.
There are several ways and means which remains unexploited till date to increase the revenue of the Municipal Corporations. Several such examples could be presented. Now days there are new means of generating revenue and needs a expert thought rather than relying upon the traditional methods of income hence there is great need of form Revenue Committee with the legal background.