Social News XYZ     

AAP government nod for Rs 200-crore loan to North civic body

AAP government nod for Rs 200-crore loan to North civic body
New Delhi, Feb 22 (IANS) The AAP government on Wednesday approved a loan of Rs 200 crore to the North Delhi Municipal Corporation for payment of salaries of employees.

"A Rs 200-crore loan to the North MCD was approved today (Wednesday) for payment of salaries to its employees. The Finance Department has been ordered to release the funds," a government official told IANS.

The official said the MCD has been given Rs 1,104.89 crore, excluding the loan amount, in the current financial year.

 

"In the 2016-17 fiscal, the total money given to the MCD is Rs 1,304.89 crore," the official said.

In 2015-16, when the Aam Aadmi Party was in power, the Delhi government released around Rs 1,207 crore. This figure stood at around Rs 767 crore in 2012-13, Rs 802 crore in 2013-14 and Rs 848 crore in 2014-15.

In January, employees of East and North Delhi Municipal Corporations went on a strike over non-payment of their salaries.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments
AAP government nod for Rs 200-crore loan to North civic body

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.