![Mumbai Civic Body Unveils Rs 59,954 Crore Budget, 10% Higher Than Last Year Mumbai Civic Body Unveils Rs 59,954 Crore Budget, 10% Higher Than Last Year](https://i.ndtvimg.com/i/2016-05/brihanmumbai-municipal-corporation_650x400_51462649787.jpg)
“The price range estimates for the monetary 12 months 2024-25 are proposed at Rs 59,954.75 crore.”
Mumbai:
The Brihanmumbai Municipal Company (BMC), India’s richest civic physique, on Friday offered a price range of Rs 59,954.75 crore for the 12 months 2024-25.
The price range estimates this time are 10.5 per cent greater than the quantity of Rs 54,256.07 crore for 2023-2024.
The civic physique offered the price range to municipal commissioner Iqbal Singh Chahal, who was appointed as BMC administrator by the state authorities after the five-year time period resulted in March 2022.
“The price range estimates for the monetary 12 months 2024-2025 are proposed at Rs 59,954.75 crore, which exceeds the price range estimates for 2022-2023 i.e. Rs 54,256.07 crore by 10.5 %,” the price range doc stated.
That is the second time after 1985 that the BMC authorities has offered the price range to an administrator because the five-year tenure of its firms has expired.
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