<p>Mumbai: The Brihanmumbai Municipal Corporation (BMC), India’s richest civic body, on Friday presented a Rs 59,954.75 crore budget for the year 2024-25.</p>.<p>The budgetary estimates this time are 10.5 per cent more than the 2023-24 amount of Rs 54,256.07 crore.</p>.<p>The civic administration presented the budget to municipal commissioner Iqbal Singh Chahal, who was appointed as BMC administrator by the state government after the five-year term of corporators ended in March 2022.</p>.An inclusive budget, but more awaited in the full July budget .<p>“The budget estimates for the financial year 2024-25 are proposed at Rs 59,954.75 crore, which exceeds the budget estimates of 2022-23, that is Rs 54,256.07 crore, by 10.5 per cent,” said the budget document.</p>.<p>This is the second time after 1985 that the BMC administration has presented the budget to an administrator as the five-year term of its corporators has ended.</p>
<p>Mumbai: The Brihanmumbai Municipal Corporation (BMC), India’s richest civic body, on Friday presented a Rs 59,954.75 crore budget for the year 2024-25.</p>.<p>The budgetary estimates this time are 10.5 per cent more than the 2023-24 amount of Rs 54,256.07 crore.</p>.<p>The civic administration presented the budget to municipal commissioner Iqbal Singh Chahal, who was appointed as BMC administrator by the state government after the five-year term of corporators ended in March 2022.</p>.An inclusive budget, but more awaited in the full July budget .<p>“The budget estimates for the financial year 2024-25 are proposed at Rs 59,954.75 crore, which exceeds the budget estimates of 2022-23, that is Rs 54,256.07 crore, by 10.5 per cent,” said the budget document.</p>.<p>This is the second time after 1985 that the BMC administration has presented the budget to an administrator as the five-year term of its corporators has ended.</p>