GHMC Earns Rs. 97 Crores Revenue In Past 5 Years | Mango News

The Greater Hyderabad Municipal Corporation (GHMC) earned a revenue of Rs. 97.42 crores in the past 5 years. According to sources, under the new advertisement policy, the GHMC started taking action against illegal hoardings and the advertisements. So far, the Telangana Rashtra Samithi (TRS) led GHMC authority removed More than 600 illegal hoardings whose licenses were expired were removed during the past six months. This action was taken after identifying more than 300 illegal hoardings. Since GHMC lacks equipment and manpower for the demolition of hoarding structures, the task has been outsourced to a private agency. In spite of this, the erection of illegal hoardings is going on without let-up which is depriving the GHMC its due source of income. According to the GHMC Officials, only 2600 hoardings are legal and rest of them has been installed illegally. In the reply to the RTI query, the GHMC said, “It earned 80.18 cr and it got the maximum revenue during the year 2017-18 at 26.26 cr. Next, it earned 20.68 in 2018-19, 18.44 cr in 2019-20 and 14.80 cr in 2016-17. “During the past five years, the GHMC earned 17.34 cr through Neon and glow signs. It earned maximum revenue of 4.33 cr in 2019-20, 4.26 cr in 2016-17, 4.19 cr. in 2018-19 and 4.01 in 2017-18. In 2020-21 the GHMC earned 0.l43 cr through neon and glue signboard advertisements.” In reply to an RTI query, the GHMC said that it has earned revenue of 97.42 cr during April 2016 till December 2020. The RTI was filed by a member of Karim Ansari.