MCG to assign Rs. 70 crore for economically weaker sections of society
In a first of its kind move by the Municipal Corporation of Gurgaon (MCG), 70 crore will be assigned it its annual budget for the current financial year to provide the economically weaker sections (EWS) of society, the micro-finances assistance that they have always longed for. Also, a special fund has been allocated for EWS housing.
By the Section 72 (A) of
the Municipal Corporation Act (2009), it is mandatory that a separate
fund known as 'Service To Poor Fund' should be constituted to render
services to the residents of the slum areas and also to the other
people belonging to the EWS category.
Praveen Kumar, MCG
commissioner told Times Of India, "There is a provision in the
Act by which we can earmark a special fund in our annual budget for
the welfare of weaker sections and we want to use this provision to
ensure that the poor get financial benefits from the municipal
corporation. We have, therefore, decided to allocate Rs 70 crore to
provide financial assistance if they want to start a small business,
among other things,"
also said, "At present, if they want to start a small business,
they cannot do so as the interest charged by private entities is
huge. We will provide loans to them at a cheaper rate and also
provide free items like wheelchairs, cycles and other necessary
things free of charge. This is the first time we are including this
in our budget."
officials said that the MCG also has plans to build houses for them
but the money to build those houses will not be a part of the Rs. 70
crore endowment. According to the officials, the cost in building
these houses will be taken from the funds that are meant for other
engineering works in the city.
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