BMC Budget 2023-24 | BMC Treasury for Mumbaikars opened, budget of Rs 52,619 crores up 14.52% from last year

BMC Budget 2023-24

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Mumbai: Maharashtra’s Brihanmumbai Municipal Corporation (BMC) on Saturday submitted a budget of Rs 52,619.07 crore for the 2023-24 fiscal year. The budget presented this time is 14.52 percent higher than that of 2022-23. The budget was submitted to BMC Commissioner Iqbal Singh Chahal, who is the state-appointed administrator of the local body.

As per the budget documents, Rs 52,619.07 crore has been proposed in this budget estimate for FY 2023-24, which is 14.52% more (14.52%) than the budget estimate of Rs 45,949, 21 crores by 2022-23.

This is the first time since 1985 that the administration of the richest civic body in the country presents the budget before an administrator since the five-year term of its advisers ends on March 7, 2022.

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We tell you that the largest municipal corporation in Asia presented the budget for the year 2023-24 on Saturday. The budget is expected to promote beautification, pollution, environment, bridge, modern hospital, highway, STP project, Miyawaki forest scheme, garden development and tourist spots. This time, due to 14.52 percent more budget, many big plans can be approved. They are working on many projects there.

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