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3mo ago

BMC Unveils Record ₹74,427 Crore Budget Focused on Infrastructure and Sustainability

Mumbai's civic body prioritizes ongoing mega projects, healthcare, and education without introducing new taxes in its largest-ever budget.

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Mumbai, India - April 17, 2020: People passby KEM Hospital, Parel in Mumbai, India, on Friday, April 17, 2020. (Photo by Pratik Chorge/Hindustan Times) (Pratik Chorge/HT Photo)
BMC commissioner Bhushan Gagrani (centre) present annual budget at BMC head office in Mumbai. (HT Photo/Anshuman Poyrekar)
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Overview

  • The Brihanmumbai Municipal Corporation (BMC) presented a ₹74,427 crore budget for FY 2025-26, a 14.19% increase over the revised estimates of the previous year.
  • No new taxes were introduced, though plans for a Solid Waste Management user charge and other revenue generation measures are under consideration.
  • Major allocations include ₹13,310 crore for infrastructure projects like the Coastal Road and Goregaon-Mulund Link Road, and ₹1,000 crore for BEST bus services to support electric mobility and operational upgrades.
  • Healthcare spending was set at ₹7,380 crore, with emphasis on hospital redevelopment, public-private partnerships, and new initiatives like cancer screening and maternal health programs.
  • The BMC plans to release a ₹12,000 crore Climate Budget in March, focusing on environment-friendly initiatives aligned with the Mumbai Climate Action Plan.