3 months ago
1
The Greater Visakhapatnam Municipal Corporation (GVMC) Council connected Tuesday approved a fund of ₹4,180 crore for the 2026–27 fiscal year. The fund was passed during a peculiar assembly gathering held astatine the GVMC office, attended by corporators of assorted parties.
Amid overmuch speculation, corporators of the YSR Congress Party (YSRCP) attended the gathering and participated successful the discussions. Mayor Peela Srinivasa Rao formally presented and work retired the fund successful the beingness of the assembly members. After elaborate deliberations, the assembly approved the budget, barring a fewer objections and suggestions raised by members. It whitethorn beryllium recalled that the fund had already received support from the Standing Committee successful December 2025.
According to the Mayor, the highest allocation successful the fund has been earmarked for engineering works, amounting to ₹1,028 crore. Public wellness has been allocated ₹455 crore, portion expenditure nether the AMRUT strategy stands astatine ₹363 crore. Water proviso works person been allotted ₹260 crore, and thoroughfare lighting received ₹129 crore. Allocations person besides been made nether assorted different heads to conscionable the increasing infrastructure and civic needs of the city, helium said.
Mayor P. Srinivasa Rao stated that the fund was prepared keeping successful presumption the city’s accelerated improvement and expanding population. He said that the medication had made sizeable efforts to guarantee realistic readying by consulting officials from antithetic departments. The Mayor added that the fund aims to fortify basal infrastructure, amended nationalist wellness services, and heighten wide civic amenities successful the city.
GVMC Commissioner Ketan Garg said that the corp made a conscious effort to contiguous a fund that was person to existent figures and much transparent. He maintained that the absorption was connected realistic projections and accountable governance.
However, CPI(M) corporator Ganga Rao criticised the budget, alleging that the corp was pursuing the directions of Chief Minister N. Chandrababu Naidu. He claimed that the GVMC spends crores of rupees connected programmes organised by the authorities authorities successful Visakhapatnam, but the promised reimbursements are ne'er received.
