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FDs are for development, using them won’t harm BMC’s finances: Bhushan Gagrani

Civic chief Bhushan Gagrani speaks to mid-day about strategic decision to break fixed deposits, taxing slums and other plans

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Municipal Administrator Bhushan Gagrani speaks to the media after presenting the budget at the BMC headquarters. Pic/Sayyed Sameer Abedi

Municipal Administrator Bhushan Gagrani speaks to the media after presenting the budget at the BMC headquarters. Pic/Sayyed Sameer Abedi

The Brihanmumbai Municipal Corporation (BMC) on Tuesday presented a Rs 74,427.41 crore budget, its biggest-ever, for financial year 2025-26 without any hike in taxes.

The BMC Budget 2025 was presented to municipal commissioner Bhushan Gagrani, the state-appointed administrator of the civic body.

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