Revenue generation for faster development

In order to bring about a massive infrastructural development in Durgapur, one of the toughest hurdles will be to set up an efficient revenue generation model to meet the funds for capital expenditure.
This, in simple words, incorporates:-

i) Increasing the annual income of the D.M.C. from revenue collected.

ii) Restructuring expenditure policies.

iii) Conducting more workshops for students as well as common people, organising music concerts,dramas and fairs.( the income prospects from these events are very good).

iv) Inspiring generous  citizens to donate for the city's development.

v) Strictness in imposing fines and collecting parking and toll taxes.

vi) Cooperating with the Central and State Governments in the process of successful implementation of their projects in Durgapur( such as A.M.R.U.T).

vii) Requesting Central Government for more financial grants and ensuring that the grants are entirely utilised fruitfully( no money is sent back).


 This is an extensive process and requires several important aspects ( mainly the proposed adverse effects versus the profit) to be taken care of before implementation.
Now, let us consider briefly the policies which may be adopted to earn surplus revenue:-

1. First and foremost, A.D.D.A and D.M.C. should invite private sector companies to invest in Durgapur and ensure easy lease- granting of land to them. The holding tax thereby collected will be appreciably high.

2. Increase holding tax slightly for residential properties. Although this will not significantly hurt the sentiments of the residents, it will be greatly profitable for the municipal corporation.

3. Legislation and enforcement of rules and regulations for holding taxes so that the taxes for each property( along with interest) are compulsory deposited within three years. Defaulters' properties should thereafter be sealed without prior notice.

4. Increasing the number of street-side advertisements( hoarding boards) and at the same time, imposing a hike in advertising rates.

5. All printed and painted advertisement signboards on public property, such as streetlight poles, should be forcefully charged.(Also the owners of the ad-posters on the walls of bus- stands must be summoned and imposed with heavy fines).

6. Making exclusive parking zones at Bidhan Nagar, City Centre, Durgapur Railway Station and other important places in a Public Private Partnership model. The toll-points in the city have to be upgraded to proper Toll-plazas with electronic central monitoring system to reduce chances of corruption.

7. Holding rigorous discussions with educated residents, engineering and management students and faculty members  to bring out smart plans so as to reduce expenditure in projects.

8. Elevate Drinking Water Cess to a slight extent.

Lastly, it is worth- mentioning the necessity of a separate DURGAPUR DEVELOPMENT FUND so that the municipal corporation can meet immediate expenses without the need to get aid from the State or Central Government.