MCD neck-deep in debt: Congress
Congress has alleged grave irregularities in MCD, saying that the financial position of the corporation is very bad.
New Delhi: Congress on Thursday alleged grave irregularities in MCD, saying that the financial position of the corporation is very bad and it is neck deep in debt.
"The financial position of the corporation is very bad. It has not been managed for the five years. There is a liability of around Rs 3,000 crore and it owes around Rs 1,000 crore to contractors and other workers," Delhi Pradesh Congress Committee (DPCC) president Jai Prakash Agarwal told reporters.
He alleged that the corporation is neck-deep in debt and those who could not manage it for these five years cannot manage it in future and can do nothing for its betterment.
Agarwal was addressing press while announcing the constitution of an election campaign committee for Municipal Corporation of Delhi (MCD) polls.
The committee will have Agarwal as its chairman and Delhi Chief Minister Sheila Dixit, Union ministers Kapil Sibal, Ajay Maken and Krishna Tirath as its members among others. The other members of the committee include MPs Sandeep Dixit, Janardhan Dwivedi, Karan Singh and Delhi government ministers AK Walia, Kiren Walia, Arwinder Singh Lovely and Haroon Yusuf.