SMC Commissioner inspects municipal assets

Srinagar, Jan 8: In a bid to reinforce financial sustainability and enhance the delivery of civic services, the Commissioner, Srinagar Municipal Corporation (SMC), Faz Lul Haseeb, on Thursday conducted an on-ground inspection of municipal assets, with a focus on strengthening the Corporation’s revenue framework.

The Commissioner was accompanied by the Joint Commissioner, Chief Revenue Officer, and other senior officials of SMC.

The inspection included municipal assets such as the Chinar Complex at Batmaloo and the Haba Khatoon Complex at Parimpora.

During the visit, the Commissioner assessed the structural condition, functional status, and existing utilisation of the assets as part of the ongoing municipal asset documentation and revenue optimisation exercise. He also reviewed the scope for their systematic, transparent, and regulation-compliant utilisation through well-defined monetisation strategies.