The Brihanmumbai Municipal Corporation (BMC) on Tuesday presented its budget for the fiscal year 2025-26. The budget of the BMC, considered the richest civic body in the country, stood at 74,427.41 crore.
This is Municipal Commissioner Bhushan Gagrani’s first budget and the third consecutive one under the administrator.
The BMC had tabled a budget of Rs 59,954.75 crore for 2024-25, which was a 10.5 per cent rise from the previous fiscal.
It will be the third year when the budget will be presented to the administrator instead of the usual practice of the municipal commissioner presenting the budget to the standing committee.
The Brihanmumbai Municipal Corporation is under an administrator since the term of the corporators ended on March 7, 2022.
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