The Brihanmumbai Municipal Corporation (BMC) has presented an ambitious budget for the fiscal year 2025-26, estimating total expenditure of Rs 74,427 crore, which reflects a 14.19% increase over the revised budget of Rs 65,180 crore for FY 2024-25. This proposed budget comes at a time when the BMC is facing increasing financial pressures to fund vital infrastructure projects and urban development across Mumbai.

For the current fiscal year, BMC has projected Rs 40,693 crore in total revenue earnings by March 31, 2025, of which Rs 28,308 crore has already been earned as of December 2024. Despite these earnings, the civic body has found it necessary to look beyond traditional revenue sources to bridge the financial gap and meet the growing demands of the city’s infrastructure.