India News | Delhi Jal Board Seeks 5-year MCD Building Records Amid Potential Rs 2,000 Crore Revenue Loss

New Delhi [India], July 15 (ANI): The Delhi Jal Board has requested records of building plans from the Municipal Corporation of Delhi (MCD) covering the last five years, leading to a large-scale investigation into the collection of the Infrastructure Fund Charge (IFC) being initiated, according to sources.

A review of two years' worth of records revealed that the IFC had not been deposited in approximately 70 per cent of cases.

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Buildings larger than 3,000 square meters are being examined separately. It is estimated that outstanding IFC dues for around 300 properties range from Rs 20 crore to Rs 50 crore. The initial assessments indicate outstanding government revenue of approximately Rs 2,000 crore.

The Jal Board has also requested complete records spanning 10 years. The process involves issuing notices for outstanding IFC dues, followed by recovery actions.

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Failure to make payments could lead to measures such as sealing of premises and even auctions.

Delhi Water Minister Pravesh Verma stated that strict action in accordance with the law will be taken against violators, but everyone will be given a full opportunity to present their case. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)