RCC Earns Tk 77.71 Crore in Revenues in FY 2024-25

Rajshahi City Corporation (RCC) generated revenue totalling Taka 77.71 crore from various sources during the fiscal year 2024-25.

Confirming the figures, RCC Chief Revenue Officer Abu Saleh Muhammad Nur-E-Sayeed stated that Taka 65.11 crore was collected from holdings, land registration, trade licences, leasing of markets, boat ghats, public toilets, parks, and other installations.

An additional Taka 1.72 crore was accrued as fees from different commercial activities, while Taka 6.97 crore was earned as rent and profit from leasing Rajshahi Central Botanical Garden and Zoo, Shaheed Zia Shishu Park, Chhoto Bangram Shishu Park, and from renting commercial spaces.

He also revealed that Taka 2.54 crore was collected from other income sources, including the renting of mechanical vehicles and equipment.

Revenue Breakdown for RCC FY 2024-25

Revenue Source Amount (Taka Crore) Notes
Holdings, Land Registration, Trade Licences, Leases 65.11 Includes markets, boat ghats, public toilets, parks, and others
Fees from Commercial Activities 1.72 Various commercial fees
Rent and Profit from Botanical Garden, Parks, Commercial Spaces 6.97 Includes Rajshahi Central Botanical Garden & Zoo, Shishu Parks
Other Income (Renting Mechanical Vehicles & Equipment) 2.54 Other enlisted income sources
Total Revenue 77.71  

 

According to Nur-E-Sayeed, the revenue earnings have almost doubled compared to the previous administration. He attributed this significant increase to the breaking of syndicates and the restoration of discipline in revenue-generating facilities, which boosted income within the first six months of the current fiscal year.

He explained that political interference and illegal syndicates have been largely eliminated, enabling all eligible contractors to participate in tenders for ghats and markets without hindrance.

This year, for the first time, RCC earned Taka 1 crore from Shaheed Zia Shishu Park by leasing it out through a three-year tender, a substantial increase from the Taka 17 lakh earned annually in the past.

Similarly, Taka 13 crore was generated from the city’s animal markets this year, compared to Taka 3.62 crore last year.

In 2024, the city corporation earned Taka 7 crore from leasing ghats, markets, public toilets, parking stands, and ponds. This figure has risen dramatically to Taka 18 crore in the current Bengali year.

RCC Chief Executive Officer Rezaul Karim said they have ensured a transparent and fair procurement process, encouraging contractors to participate freely and confidently.

“We have started getting better results in revenue collection through ensuring transparency and accountability. We are focusing on increasing income from both conventional and non-conventional sectors,” he added.

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