There is however no room for complacency a culture of

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of Rs 300 crore. There is, however, no room for complacency. A culture of financial discipline and accountability is to be brought by curtailing avoidable expenditure and augmenting revenues. While conceiving projects, therefore, it is of utmost importance that their financial viability is appraised before embarking on their execution. It is financial strength alone that will enable NDMC to maintain its functional autonomy and meet the growing expectations of its citizens. There is need for improving and upgrading the infrastructure for electricity distribution, up-keep, maintenance and improving the sewage and drainage systems as well as water supply. These works require substantial amounts of money. But there is a limit to increase NDMC’s revenue through taxation. About two years ago, NDMC took a conscious decision to avoid funding of projects through loans as the cost of money had become prohibitive and the liability for servicing debts had also mounted to an all time high. The self-imposed denial of funding of projects through loans calls for even better and effective management of our resources. NDMC has planned a number of projects in the recent past involving substantial outlays of funds. We have also resolved to meet all our capital requirements from internal resources. For achieving this objective, we have to not only meet the entire expenditure on revenue account from our revenue receipts, but also build up sizeable surplus for creation of assets. It is all the more necessary therefore to undertake cost–benefit analysis of each project and explore the possibility of funding capital intensive projects by public - private partnership, wherever feasible. We continued to make significant progress in this direction during the current year. - 26 -
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Major Activities NDMC, as a civic body, is fully conscious of its obligations towards its citizens. Adequate provision for primary education, public health & sanitation, supply of drinking water, maintenance of roads and electricity supply was ensured during the year to achieve physical targets set at the beginning of last year. Education Efforts were made to improve the standard of education in NDMC schools. Results of Navyug Schools compare very well with those of public schools in Delhi. Works relating to construction of additional classrooms were taken up in Navyug School at Laxmi Bai Nagar and NP Bengali Girls Senior Secondary School at Gole Market. Improvement works in existing school buildings were also taken up. Cupboards were provided, floorings were replaced and waterproof treatment was done on the terraces. Emphasis was laid on computerization. Computer laboratories were made operational in 58 more NDMC schools and existing labs were upgraded. Computer training was provided to 200 teachers. In all Senior Navyug Schools and 4 NDMC Senior Secondary Schools, Informatics Practices / Computer Science was introduced as an optional elective subject.
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