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Pensioners

KMC budget poses more questions to its pensioners

The KMC budget has spelt out that there is a deficit of Rs 177 crore in the year 2022-23 since the expenditure estimate is Rs 4,410.11 crore while the revenue target is Rs 4,233.11 crore. However, what now looms over the civic body is a cumulative deficit of Rs 2,423.70 crores. This amount, as per the budget statement, may increase to a cumulative deficit amount of Rs 2,600.70 crore