🧹 Rajkot Municipal Corp Ran a ₹384 Cr Surplus — But Still Has No Pavement in Ward 12

🧹 Rajkot Municipal Corp Ran a ₹384 Cr Surplus — But Still Has No Pavement in Ward 12

🟢 At a Glance:

The Rajkot Municipal Corporation (RMC) posted a revenue surplus of ₹384 crore in FY25. That’s right — the city made money. Yet somehow, the drainage near your nani’s gali still smells like ancient sins. While taxpayers bled ₹592 crore, grants and GST goodies rained down like it was Budget Diwas.

Let’s decode how Rajkot runs a profitable city while still blaming citizens for open manholes.


💰 FY25 Financial Highlights (RMC)

CategoryAmount (in ₹ Crore)
Revenue Receipts₹1,354.29 Cr
Revenue Expenditure₹969.91 Cr
Revenue Surplus₹384.38 Cr
Capital Receipts₹76.47 Cr
Capital Expenditure₹484.35 Cr
Overall Deficit₹(23.50) Cr (after adjustments)

Yes, they ran a revenue surplus, but capital works hit harder than a pothole in monsoon.


📊 Where Did the Money Come From?

Source₹ Crore% of Total Revenue
Tax Revenue₹592.11 Cr43.7%
Non-Tax Revenue (Water bills, etc.)₹162.32 Cr12%
Assigned Revenue (GST, Motor Vehicle Tax, etc.)₹218.98 Cr16.2%
Grants (Smart City, SBM, AMRUT, etc.)₹381.26 Cr28.1%

Moral of the story: RMC is less a tax body, more a grant collection agency with a receipt book.


🛠️ Where Did It Go?

Category₹ Cr Spent% of Total Expense
Solid Waste Management₹203.96 Cr20.3%
Roads & Bridges₹143.76 Cr14.8%
Water Supply₹118.58 Cr12.2%
Health & Sanitation₹97.45 Cr10.1%
Drainage & Sewage₹84.36 Cr8.7%
Streetlights₹54.92 Cr5.6%
Misc. (like Cultural Grants)₹267.33 Cr27.6%

₹267 Cr for miscellaneous. Somewhere in there is that ₹4.5 lakh garba stage you never saw.


🧾 Audit Red Flags & “Chhupa Rustams”

  • ₹4.52 crore in pending recovery from contractors — sabko advance mil gaya, kaam? Pending.
  • ₹9.41 crore due from tax defaulters — but no aggressive recovery action taken
  • ₹3.38 crore marked under “Excess Payment to Vendors” — refund? Kya hota hai woh.
  • ₹0 revenue from 14 new parking lots that were “under collection process” — now in year 3.

🧠 EduInvesting Take:

Rajkot is profitable on paper, grant-rich on budget, and still somehow feet-deep in water by August.

Running a ₹384 crore surplus but still:

  • Using plastic drums as barricades
  • Delaying property tax rebates
  • Cancelling tenders because “no suitable contractor found”
  • And budgeting ₹7 crore for public “awareness jingles”

It’s a masterclass in “fiscally fit, functionally floppy” governance.


📌 TL;DR

  • ✅ ₹384 Cr revenue surplus
  • ✅ 44% from taxes, 28% from grants
  • ❌ ₹484 Cr spent on capital, creating a fiscal drain
  • ❌ Multiple audit flags — pending dues, zero collections from new infra
  • ✅ Rajkot runs rich, but walks like it has leg cramps

Author: Prashant Marathe
Date: June 1, 2025
Tags: Rajkot Municipal Corporation Audit, RMC FY25 Budget, Municipal Surplus India, Grant Dependency Urban India, EduInvesting Satire, Taxpayer ROI, Smart City Misuse, Audit Flag Urban India, Civic Finance Roast


Prashant Marathe

https://eduinvesting.in

Leave a Comment

Popular News

Disclaimer: Eduinvesting articles are for informational and educational purposes only. It is not investment advice, nor a recommendation to buy or sell any securities. Always do your own research or consult a SEBI-registered professional.

© 2025 EduInvesting.in – All rights reserved.
Finance news, market sarcasm, and stock market commentary delivered daily with zero jargon and maximum masala.

Built by humans. Powered by chai. Inspired by FOMO.

Scroll to Top