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BMC budget today: All eyes on how the Mumbai civic body plans to fund projects
Updated On: 03 February, 2021 07:26 AM IST | Mumbai | Prajakta Kasale
Though the size of the budget has varied, the income of the BMC has remained between Rs 23,000 crore and Rs 25,000 crore for the past five years

The BMC has already given Rs 3,008 crore in the past two years to the BEST, but it might offer another financial grant to it. Pic/Atul Kamble
Projects galore, but does the Brihanmumbai Municipal Corporation (BMC) have the money to spend on them? All eyes are set on how the BMC plans to fund its ambitious projects like sponge city (flood-free), a visual pollution-free Mumbai, desalination of seawater, revamp of BEST, etc. that could be mentioned in the budget today. Though the size of the budget has varied, the income of the BMC has remained between Rs 23,000 crore and Rs 25,000 crore for the past five years.
The BMC’s sources of income shrank this year due to the pandemic, but 63 per cent of the income came from the compensation of GST, which might stop next year.
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