The Mysuru City Corporation (MCC) on Tuesday announced a new scheme for collecting pending water bills by offering to keep the interest on outstanding dues in abeyance.
Disclosing the details of the interest abeyance scheme, Mayor Sunanda Palanetra told reporters in Mysuru on Tuesday that out of the total 1.8 lakh drinking water connections in the city, an amount of ₹220 crore was due from around 52,000 water connections for the last several years. While the principal amount was ₹146 crore, interest on the outstanding bills amounted to a total of ₹74 crore.
As the MCC was not empowered to waive the interest amount on the outstanding bills, the civic body had already sent a proposal in the regard to the State government to take a decision on waiver of the interest.
