The city Corporation’s ₹1,356.27-crore Budget for the financial year 2022-23, with a projected surplus of ₹272.61 crore, presented by Deputy Mayor P.K. Raju on Wednesday makes a considerable allocation for women-oriented projects, while setting its sights on addressing carbon emissions in the city. The Budget presentation went over three hours as Mr. Raju had an unprecedented number of 181 projects to read out.
Mayor Arya Rajendran earlier delivered a speech extending the Corporation's support for the State government's SilverLine semi-high-speed rail project and also criticised the policies of privatisation followed by the Union government
Among the projects presented, the Deputy Mayor laid a major stress on the Low Carbon Ananthapuri project which combines solar power projects, social forestry, a push for electric vehicles, sustainable waste management practices, use of alternative products instead of plastic and promotion of public transport to address issues related to pollution. In addition, the ₹6-crore solar city project will continue with the ongoing process of installation of solar panels to meet the power needs of more government buildings.