India's richest civic corporation, Brihanmumbai Municipal Corporation (BMC), presented its budget for 2025-26 on Tuesday, with a total size of Rs 74,427 crore. Total capital expenditure is estimated to be at Rs 43,162 crore. (Pics/Sayyed Sameer Abedi)
Updated On: 2025-02-04 01:12 PM IST
Compiled by : Joy Manikumar
The additional municipal commissioners presented the BMC Budget 2025 to BMC Commissioner Bhushan Gagrani, who is the state-appointed administrator of the civic body, at the BMC headquarters in Mumbai
According to the BMC Budget 2025 document, the budget looks at fiscal discipline and sustainability with emphasis on revenue augmentation, enhancement of Infrastructure and Services and Urban Mobility
It took a significant step towards enhancing the educational landscape of Mumbai, with a total budget allocation of Rs 3955.64 crore
Other key highlights of the budget include strengthened healthcare infrastructure, efficient water and sewerage system, health facilities, agenda on climate action, focus on solid waste management projects and flood mitigation, enhanced open spaces and greenery
The civic body also announced assessment of commercial units in slum area as its new source of income, as per budget document there are around 2.50 lakh slums in Mumbai
Accordingly, commercial properties in slum areas are being assessed and it is expected to generate a revenue of Rs. 350 crore from the same
By focusing on modern infrastructure, health initiatives, and inclusive education policies, the BMC aims to create a nurturing environment where every child can thrive