"BMC Budget 2025: Ambitious Development Plans Amid Financial Challenges"
The BMC has recently tabled its budget for 2025-26 with quite an ambitious financial plan that reflects a wide range of reactions from different stakeholders. The civic body outlines its vision for the development of the city through significant allocations in its infrastructure projects and public services. **BMC Budget Highlights 2025-26** - **Infrastructure Development**: a significant chunk of the budget is being spent on mega projects that are currently under way, such as the Coastal Road and the Goregaon-Mulund Link Road (GMLR). These projects are aimed at improving connectivity and reducing traffic congestion in the city. - **Financial Strategy**: the BMC has fixed deposits worth Rs 81,000 crore. Almost half of its budget for 2024-25 amounting to Rs 59,954 crore has been allocated for administrative and daily operations. While payments towards major projects will kick in in two to three years, officials have issued words of caution that the corporation might run into liquid...
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