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Sunday 7 October 2012

Municipal Corporation Shimla exchequer empty

Vishal Sharma, Shimla Correspondent
            The empty exchequer of Municipal Corporation Shimla has left the MC officials in a dilemma. The officials are unable to decide that how they would be able to initiate development works in the city with zero balance in the corporation treasury. As per the information received from the corporation treasury, there is not even a single paisa in the corporation exchequer. The funds are totally nil.
The corporation is helpless to fulfill even the daily expenses due to deficiency of funds. The salary of the employees has been paid with difficulty whereas there is still no provision as to how the pensions of retired employees will be paid. There is a liability to the tune of Rs. 16 lacs which the corporation has to pay in the form of pensions.
The series of emergency meetings has already been started to device methods for creating funds immediately. The treasury officer has submitted his report about zero balance in the treasury to the higher authorities.
The main cause of zero balance in the treasury is relaxation in tax collection norms. As a result of amendment in the Corporation Act, the corporation is neither able to collect tax using old technique, nor is it able to devise a new technique for the same. Mayor Sanjay Chauhan said that he has not received any such report as of now, but would definitely take requisite measures if such a problem comes to his notice.

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