The MCG is facing a deficit of over Rs 100 crore in the current fiscal year. It has spent Rs 682 crore and generated Rs 576 crore, resulting in a shortfall. The civic body needs to generate more revenue to overcome this deficit. It has not received revenue from stamp duty, purchasable floor area ratio, external development charges, water and sewerage charges. Moreover, it has spent on solid waste management, repair and maintenance of electricity infrastructure, roads and bridges, public lighting. No funds have been spent on environmental projects.
