Mumbai Civic body budget focuses on Infrastructure spending, health
The Hindu
17.70% rise from FY22 has been estimated
Taking a cue from the Union Budget, the Shiv Sena-ruled Brihanmumbai Municipal Corporation (BMC) on Thursday presented its last budget for fiscal 2022-23 before the upcoming polls worth ₹45,949.21 crore with highest outlay of ₹22,646 crore on infrastructure.
The Budget presented by municipal commissioner Iqbal Singh Chahal has estimated 17.70% rise from the fiscal 2021-22 with rise of 20.78% in capital expenditure. The provision of ₹22,646.73 crore for infrastructure works includes speedy completion of major projects likecoastal road project (₹2,200 crore), Goregaon-Mulund link road (₹1,300 crore)and ₹2,200 crore for improvement of roads. The BMC has decided to set up the Mumbai Parking Authority (MPA) ₹400 crore for widening/training of Mithi River and other river/nalla system in Brihanmumbai Phase – II & IIIand ₹200 crore provision for rejuvenation of rivers.
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