Q.
Why is the huge money earned in parking in cities like Delhi not utilised to improve the infrastructure involved parking fecilities, how far is the heavy parking rate justified when no or minimum amount is utilised for improvement of parking?
Asked by indranil das,
24 Nov '08 10:14 pm
Earn 10 points for answering
Answers (4)
1.
The amount collected is not reach the govt treasury directly. For parking collection few contractors take the contract for one year by beating. In competation it go highest value. Based on this parking charges is arrived and collecting from our hardly earned money.
Answered by Santhanam Palaniappan, 24 Nov '08 10:20 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
2.
Becoz the parking place is given on contract after auction on huge amount and contractors do not want to share their revenue and reduce their profit margin by spendign the parking charges collected by them for improvement
Answered by rk rahi, 24 Nov '08 10:19 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
3.
I don't think the Municipal Corporation would itself be collecting the parking fees. What they usually do is to call for tenders - with a reserve price and the contractor who bids the highest amount gets the contract to collect the parking fees. He takes the contract at an agreed amount. He is liable to pay that much to the Corporation for the contracted period. He in turn earns a lot more than he bid - as usually the Corporation does not meddle in the affairs of the Contractors.
Answered by S. Ramesh, 24 Nov '08 10:18 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
4.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received