Mumbai’s Big Budget: Rs 74,427 Crore for 2025-26
The Brihanmumbai Municipal Corporation (BMC), India’s richest civic body, has announced its budget of Rs 74,427 crore for the financial year 2025-26. This is a 14.19% increase from the Rs 65,180.79 crore allocated in 2024-25. A large chunk of this budget, Rs 43,162 crore, is for capital expenditure, while Rs 31,204 crore is for revenue expenditure. This budget focuses on key [[infrastructure]] projects to improve Mumbai.
Key Projects in the BMC Budget
A major part of the capital expenditure will go towards important infrastructure projects. Some of the key projects include:
*
Mumbai Sewage Disposal Project (MSDP):
Rs 5,545 crore is allocated for building seven new sewage treatment plants. These plants are expected to be working by 2026-2028, improving the city’s wastewater management.*
Goregaon Mulund Link Road (GMLR):
Rs 1,958.73 crore is allocated to building the 12-km GMLR. This road will connect the Western Express Highway and Mulund, cutting down travel time between these areas from 75-90 minutes to just 25 minutes by 2028.*
Mumbai Coastal Road (South) Project:
Rs 1,516.31 crore is set aside for this project in 2025-26, compared to Rs 2,099 crore in 2024-25.*
Road and Traffic Department:
Rs 5,100 crore, up from Rs 4,111.51 crore last year, is allocated for various road improvements.*
Bridge Department:
Rs 4,000 crore will go towards the second phase of the Mumbai Coastal Road Project, connecting Versova to Dahisar.*
Road Concretisation Project:
Rs 3,111 crore is allocated to make Mumbai’s roads stronger and longer-lasting.Mumbai Eye: A New Landmark
The BMC also plans to build the “Mumbai Eye,” a giant observation wheel similar to the London Eye. This project, under a public-private partnership, aims to create a new tourist attraction. The Mumbai Eye will have air-conditioned capsules, each holding 25 people, offering stunning views of the city.
Focus on Infrastructure Development
This budget shows BMC’s commitment to improving Mumbai’s [[infrastructure]]. The investments in roads, bridges, and sewage treatment will have a big impact on the city’s development and the lives of its people. These latest updates highlight the city’s focus on business and urban development. The increased budget shows the importance of these projects. The Mumbai Eye is an exciting innovation that could boost tourism.
Financial Breakdown
Of the total Rs 74,427 crore budget, Rs 43,162 crore is for capital expenditure and Rs 31,204 crore is for revenue expenditure. This large investment in capital expenditure reflects the BMC’s commitment to long-term infrastructure development. The budget promises significant improvements and exciting new developments for Mumbai.