Top
Millennium Post

North MCD earns over Rs 24 cr as parking fee in 6 months

North MCD earns over Rs 24 cr as parking fee in 6 months
“Discontinuing the earlier process of one-time parking licence fee for a year, we have started charging three months’ advance. The idea of giving three months’ contract and charging advance has been a great success,” said Bharat Bhushan Madan, chairman of Remunerative Projects (RP) Cell of the North MCD.

“Last year, we earned around Rs 15.1 crore from parking fee, while this year, we have earned over 
Rs 24 crore in the first two quarters itself,” he said.

The corporation’s changed policy of giving three months’ contract has also helped in solving the problems of non- payment by defaulting contractors and accumulating losses due to it, a senior municipal official said.

Also, in case of a dispute, the contractor may leave after three months and the corporation will not have any dues to recover, he added.

“We earned Rs 12.10 crore in the April-September quarter as quarterly parking licence fee and an equal amount in the current quarter,” he said.

The jump in revenue from parking fee has also happened due to improved monitoring of earnings of different parking lots of the corporation, Madan said.

The North MCD has a total of 91 parking areas, of which 46 have been given on contract under the 
advance payment scheme.

We have also decided to issue tender to allot all the 91 authorised parking sites in its jurisdiction “en bloc” to a single contractor, he said.

The parking sites presently running under contract, may continue to run as it is till the period of contract is over. After that, these would also be clubbed and auctioned as single entity after paying three-month advance, he added. 
MPost

MPost

Our contributor helps bringing the latest updates to you


Next Story
Share it