CHANDIGARH, Feb. 18 -- The financially strained Chandigarh Municipal Corporation (MC), led by BJP mayor Harpreet Kaur Babla, on Monday passed a Rs.2,114-crore budget for the financial year 2025-26. However, with revenue barely covering committed liabilities, the civic body is set to struggle with no funds left for development work in the city.
Hoping for additional funds from the Centre under the 4th Delhi Finance Commission (DFC) recommendations, the MC had sought Rs.1,704 crore in grants, Rs.9 lakh as electricity duty, and projected Rs.410 crore from its own sources. However, the UT administration has only allocated Rs.625 crore from the central budget, announced on February 1, leaving the civic body in a dire financial situation.
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