Prajakta Kasale prajakta. kasale@ mid- day. com Revenue generation has become one of the hardest tasks for the Brihanmumbai Municipal Corporation ( BMC) considering the fact that its income over the past five years has remained more or less stagnant.

In the first half of the last decade, the income increased by over 55 per cent. While octroi remained the main source of income, property tax and earnings through the development plan ( DP) department declined sharply due to the real estate crisis. However, the factors that worsened the situation in the second half of the decade were waiving off property tax for small houses and the civic bodyu2019s inability to come up with new sources of revenue.