Chandigarh, Feb. 14 -- With limited grants from the Centre and UT administration, the cash-strapped Chandigarh municipal corporation (MC) is aiming to generate a total of Rs.410 crore for upcoming financial year 2025-26, from its sources, to meet its liabilities.

Pinning its hopes on more relocation of funds from the Centre on the 4th Delhi Finance Commission (DFC) recommendations, the civic body has drafted an annual budget of Rs.2,114 crore. The budget was presented to the finance and contract committee (F&CC) of the MC on Thursday, and will be presented in the budget House meeting on February 17.

As per the draft budget, MC had demanded Rs.1,704 crore from the Centre as grant, Rs.9 lakh as electricity duty, and is projecting to gener...