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Section 39

The Hyderabad Metropolitan Development Authority Act, 2008.State Act of Telangana · Act 8 of 2008

(1) The Government shall create a Metropolitan Development Fund with a seed capital of Rs.200 crores for the purpose of administering this Act.

(2) The Government shall create a Revolving Fund for the Metropolitan Development Authority with a fund of Rs.100 crores for the purpose of performing its functions under this Act and allocate finances based on the plans and programmes of the local bodies for undertaking development of amenities and infrastructure facilities as per plan programmes.

Where this provision sits

ActThe Hyderabad Metropolitan Development Authority Act, 2008.
Section39
JurisdictionState of Telangana
StatusIn force as published by the source

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