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In fiscal's final 60 days, BMC on spending spree

Brihanmumbai Municipal Corporation manages to expend not more than 45 percent of its humongous Rs 27,578 crore budget on civic works

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Mumbai: Given the 13-digit budget the Brihanmumbai Municipal Corporation (BMC) announced and the fraction it ended up spending, it one may be forgiven if they conclude that the richest municipal corporation in the country doesn’t need really need the riches. Going by its spending during the two time spans, the amount of public work the BMC did in the last two months of the fiscal 2013-14 is comparable to what it carried out in the preceding 10 months.

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