The Hindu·3 min read·medium
Chennai Corporation defers new infrastructure projects, cancels tenders worth more than ₹600 crore
R
R. Aishwaryaa
✦AI Summary
The Greater Chennai Corporation has cancelled over ₹600 crore in tenders and deferred new infrastructure projects to manage a ₹2,000 crore bill backlog. The civic body is simultaneously launching a property tax collection drive to improve its financial health.
The Greater Chennai Corporation (GCC) has deferred several new infrastructure projects, cancelled tenders worth over ₹600 crore, and stepped up its property tax collection drive, as it seeks to ease financial pressure arising from pending bill payments of about ₹2,000 crore .
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