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In spite of this, due to a strong revenue base in form of taxes, there was a revenue surplus of INR 78 crores and an overall surplus of INR 18.98 crores (including capital account). Revenue income is primarily earned by NMC or for NMC by some external sources. Among own sources, the largest source is octroi (47%) followed by property tax (18%).
This trust works along with Nagpur Municipal Corporation (NMC) which is an elected body of city representatives (Corporation). NIT itself is not a democratically elected civic body and has members appointed in it from various levels like Government of Maharashtra , NMC and other representatives of Nagpur.
The Mayor of Nagpur is the first citizen of the Indian city of Nagpur. The mayor is the chief of the Nagpur Municipal Corporation. The mayor's role is largely ceremonial as the real powers are vested in the Municipal Commissioner. The mayor is elected from within the ranks of the council in a quinquennial election.
Under the Seventy-fourth Amendment of the Constitution of India, local governments of cities with a population of 1 lakh (100,000) and above are known as Municipal Corporations.
The Nagpur Metropolitan Region Development Authority (NMRDA) is the urban planning agency of Nagpur in the Indian state of Maharashtra. The NMRDA administers the Nagpur Metropolitan Region, spread over an area of 3,567.37 km 2 (1,377.37 sq mi). It replaced the erstwhile Nagpur Improvement Trust. [1]
Maharashtra has 29 Municipal Corporations, 232 Municipal councils and 125 Nagar Panchayats.. These urban local bodies are governed by Maharashtra Municipal Corporations Act, 1949, [1] Mumbai Municipal Corporation Act, 1888 [2] and The Maharashtra Municipal Councils, Nagar Panchayats and Industrial Townships Act, 1965.
This was because of delay in approvals and inclusion of the Goods and Service Tax. [3] Share of Centre in the project is 60%, 25% of state and remaining 15% of NMC. Japan International Cooperation Agency is expected to approve long term loan for shares of Centre and State, which they will repay. NMC will only have to contribute its share of 15%.
Later on a notification dt. 24 December 2002, the government extended the jurisdiction of NIT [2] outside the NMC [3] limit under clause 1(2) of NIT Act-1936 as "Nagpur Metropolitan Area" [4] in connection to notification of 1999 which ranges approximately 25 to 40 km area away from NMC limit.