The cash deficit of Municipal Corporation of Delhi (MCD) stood at Rs 2,756.32 crore for the financial years 2019-2020 and 2021-22, as the total income was Rs 31,861.81 crore, while the expenditure was Rs 34,618.17 crore, stated the LG.
Saxena tweeted, “The past financial mismanagement and non-payment of property taxes by most residents have led to the current financial crisis.”
“MCD services 94% of Delhi. Past financial mismanagement & non payment of any property tax by 75% residents has made it go in RED. It’s time we-one of richest cities in India, pay our dues to MCD honestly. Your suggestions & participation will help achieve this,” he tweeted.
To ameliorate MCD’s financial health, the LG also urged the public to give suggestions at “mailto:writetolgdelhi@gmail.com” \nwritetolgdelhi@gmail.com.
According to data shared by Saxena, Delhi has 1,483 sqkm area, and MCD’s jurisdiction extends to 94.2% of the total area.
Around 98% of Delhi’s total population resides in MCD areas.
(With inputs from PTI)
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