TIWN

Chennai, Aug 10 (TIWN) Residents of Chennai, more so who live in bungalows should be ready to pay higher charges to the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) also known as Metro Water, if one goes by the White Paper presented by the Finance Minister Palanivel Thiaga Rajan.
The Paper also said the total dues for CMWSSB as on March 31, 2021 stands at Rs 548.91 crore. The White Paper on Tamil Nadu government's finances was released by Rajan on Monday. According to it, the total number of CMWSSB pensioners as on March 31 stood at 5,818 while the number of serving employees stood at 2,621. While the employee cost at the end of FY21 stands at Rs 140.50 crore the cost of pensions, including family pension was Rs 127.92 crore. The other major expense heads for CMWSSB operation and maintenance Rs 286.44 crore, power, cost of desalination water Rs 497.68 crore. The outstanding liabilities of CMWSSB as on March 31 are Rs 1,909.88 crore which includes Rs 1,522.16 crore towards outstanding loans from the government.
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research