Mumbai, Feb 25 (IANS) The Brihanmumbai Municipal Corporation (BMC) in the annual budget for 2026-27, presented on Wednesday, has proposed a slew of measures, including the use of strategic reserves and Green Bonds, to mobilise funds for financing development projects. In a significant administrative move following the political shift in the corporation, the BMC has decided to utilise its fixed deposits (FDs) for developmental projects.The BMC currently holds total deposits of Rs 81,449.32 crore….
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Mumbai, Feb 25 (IANS) Municipal Commissioner Bhushan Gagrani on Wednesday presented the Brihanmumbai Municipal Corporation (BMC) budget for the fiscal year 2026-27, proposing a total outlay of Rs 80,952.56 crore. The budget gives a major push to infrastructure development and technological advancement.This represents an 8.77 per cent increase over the previous year’s budget of Rs 74,427.41 crore.The budget marks a significant strategic shift toward long-term asset creation, with Capital Expendit…
Thane, Jan 16 (IANS) Maharashtra Deputy Chief Minister and Shiv Sena chief leader Eknath Shinde on Friday announced that the Shiv Sena-BJP Mahayuti alliance is on the verge of a majority in the state’s municipal elections. Speaking at a press conference, Shinde expressed firm confidence that Mahayuti mayors will be installed across several municipal corporations in Maharashtra, including the prestigious Brihanmumbai Municipal Corporation (BMC).Shinde highlighted that the alliance has made sign…