The budget of 2020-21 was pegged at Rs 33,441 crore, which was 8.95 per cent more than the earlier budget of Rs 30,692 crore
The Mumbai Municipal Corporation Building
The Brihanmumbai Municipal Corporation on Wednesday unveiled its budget for 2021-22 to the tune of Rs 39,038 crore, which is 17 per cent more than the previous year's budget.
The budget of 2020-21 was pegged at Rs 33,441 crore, which was 8.95 per cent more than the earlier budget of Rs 30,692 crore.
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.
The corporation spent Rs 1,412 crore in the past nine months on roads despite revenue crunches. It has always set aside Rs 1,500-Rs 2,000 crore for pothole-free roads every year. Though the civic body wrapped up pedestrian-friendly footpaths this year, the ruling party may push for a visual pollution-free aesthetic city with beautiful road sites and footpaths in the coming year.
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