The Agra Municipal Corporation is set to expand its trade license framework to include 32 additional businesses. This initiative aims to boost revenue for the corporation, with an estimated income of over ?1 crore. Businesses such as jewelry shops, gas agencies, hotels, clinics, and liquor stores are among those now required to obtain a trade license. The process for issuing these licenses is expected to begin within a week.
Currently, the corporation collects trade license fees from 13 businesses, generating ?13,00,600 between April and July 2024. To further increase income, the municipal body is broadening the scope to include these 32 businesses. Assistant Municipal Commissioner Ashok Priya Gautam stated that in the financial year 2023-24, revenue from trade licenses was ?54 lakh, and the new initiative aims to double this amount.
The list of businesses affected includes a wide range of sectors such as healthcare facilities like nursing homes and clinics, retail outlets like jewelry shops and liquor stores, and service providers such as architects, caterers, and advertising agencies. Factories and workshops, including spice, shoe, and Petha manufacturing units, are also included under the new regulations.
This decision is part of the corporation's strategy to enhance its financial stability and regulate businesses more effectively. By ensuring compliance through trade licenses, the city administration plans to streamline operations and create a sustainable revenue source for future development projects.