After raising concerns over the financial situation of the Brihanmumbai Municipal Corporation by issuing directives to carry out more and more work with the help of CSR and citizen participation and also demanding continued compensation of GST, the civic administration now wants to even earn revenue from the markets. The BMC has decided to charge 50 per cent more rent from the shopkeepers functioning from the BMC markets. The rent was last increased in 1991.

While the increase in rent is said to be a nominal one, as the shopkeepers have been enjoying nominal rates, the BMC now decided to raise the rent by 50 per cent per pitch (shop or Gala) for the first time, and also a five per cent rise per year, henceforth. This is the first time since 1991 that the rent will be increased, to keep up with expenditure on upkeep of markets as currently, the expenditure is way more than the revenue. In 2018-19, BMC spent Rs 44.8 crore for the upkeep of its markets but received only Rs 19.1 crore from rent from its total of 188 markets.