BMC Budget Soars 8%, Outpacing Himachal and North-East; What's Mumbai's New Financial Power?
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BMC's ₹80,952 Crore Budget Dwarfs State Economies, 8.77% Hike
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News18•25-02-2026, 17:42
BMC's ₹80,952 Crore Budget Dwarfs State Economies, 8.77% Hike
•Brihanmumbai Municipal Corporation (BMC) proposes a record budget of ₹80,952.56 crore for FY 2026-27, an 8.77% increase.
•The budget surpasses last year's ₹74,427.41 crore and is larger than the annual budgets of several Indian states.
•BMC's budget is ₹22,000 crore higher than Himachal Pradesh's ₹58,000 crore budget and three times larger than states like Sikkim, Mizoram, and Manipur.
•60% of the budget (₹48,000 crore) is allocated to infrastructure projects, including the Coastal Road, bridges, and roads.
•BMC's self-reliance, funded by property tax and fixed deposits, makes it a unique economic powerhouse within India's federal structure.
