GHMC facing financial crisis: Govt. did not release grants despite receiving income

Hyderabad | Friday | 15th September, 2017

Summary:

270 crore of the income of GHMC to Telangana State RTC which is causing financial crisis to the corporation. of Telangana is bent upon weakening financially the GHMC since it did not release the budget allocated for it despite Govt. In the same manner, the shares of income on various accounts are yet to be released by the Govt. Due to paucity of funds, GHMC is not in a position to take up developmental works and it has turned into an income generating institution for the Govt. 250 crore has to be given to GHMC but Govt..