BMC: India's richest civic body unveils Rs 33,441-cr budget; taxes unchanged

Mumbai: The Brihanmumbai Municipal Corporation, which is the richest civic body in the country, on Tuesday unveiled its budget for 2020-21 with a total outlay of Rs 33,441 crore. It proposed a 5% increase in fees for various licences without tweaking the existing tax structure.

The total budget estimates for the next financial year are 8.95% more than the last fiscal's budgetary outlay of Rs 30,692 crore, which was 12.5% higher than the 2018-19 estimates.

While presenting the budget in the civic body's standing committee, BMC Commissioner Praveen Pardeshi said that the civic body has kept the general tax structure unchanged while proposing an increase of 5% in fees for various licences, birth certificates, market licences and others. The Shiv Sena, which also heads the state government, is in power in the BMC.


The BMC, however, is expecting an estimated revenue of Rs 28,448.30 crore from various revenue sources in FY21, which is 13.87% more than the to Rs 24,983.82 crore in FY20.

The BMC has focused on various infrastructure projects, health services, education and other facilities, in the budget.

The BMC has allocated '14,637 crore for FY21 for capital expenditure works, which includes traffic operation and roads (Rs 2,699.65 crore), coastal road project (Rs 2,000 crore), water supply projects (Rs 1,728.85 crore), storm water drains (Rs 912.10 crore), and sewage disposal (Rs 870.94 crore), among others.