Chennai Metro Water’s Finances: Tariff, Deficit and Who Pays
Metro Water runs a deficit, bills most homes a flat ₹105 a month and meters barely 3% of connections. How its tariff, tax and grants fit together.
Topic
Metro Water runs a deficit, bills most homes a flat ₹105 a month and meters barely 3% of connections. How its tariff, tax and grants fit together.
Your Chennai property tax comes from a street rate, your floor area and a fixed 12.40% rate. Here is the formula, the 2022 multipliers and the 6% yearly rise.
Chennai's corporation covers about 60 per cent of its running costs from its own taxes and fees. Budget papers show how state transfers, grants and loans fill the rest.
Chennai's Amma canteens covered only 37% of their costs from sales in 2014-15. What the CAG found in the books, and who carries the deficit.