BMC announces Rs 52,619.07 crore budget -Governance Now

BMC announces Rs 52,619.07 crore budget

52% budget allocated to capex in the election year

Geetanjali Minhas | February 4, 2023 | Mumbai

#Mumbai #BMC #urban governance #budget #Ibal Singh Chahal

Mumbai’s municipal commissioner and administrator Iqbal Singh Chahal on Saturday announced a Budget of Rs 52,619.07 crore for 2023-2024, an increase of 20.67% over a revised budget estimate of Rs 43607.10 crore for 2022-23.

The overall budget size has doubled in five years. In 2017-18, total expenditure was Rs 20,036.64 crore and the ratio of capital to revenue expenditure was 25:75.

Of the total Rs 52,619.07 crore, capex is pegged at 52 per cent with an allocation of Rs 27,247.08 crore and revenue expenditure is 48 percent (Rs 25,305.94 crore). This is for the first time in five years that capex has exceeded revenue expenditure.

It is also for the first time since 1985 that the administration of the country’s richest municipal body in the country presented the budget to Chahal, the state appointed administrator, as the five-year term of its corporators ended on March 7, 2022.

The BMC has allocated Rs 27,247.80 crore towards capital expenditure and Rs 25,305.94 crore towards revenue expenditure. Chahal, presenting his third budget as BMC commissioner, said that it is for the first time that the civic body is going to spend 52 per cent of the budget estimates on capital expenditure and 48 per cent on revenue expenditure.

Out of the total budget allocation, Rs 3,545 crore has been allocated for Coastal Road, Rs 2,825.06 crore for improvement of roads, Rs 2,100 crore for bridges (including demolition and reconstruction of ROB's and RUB's in BMC limit by MRIDCL) and Rs 1060 Cr allocation has been set aside for Goregaon-Mulund Link Road (GMLR).

Provision of Rs 2792 crore is made for sewerage treatment projects. Rs 2570.65 crore is provided for SWD (includes widening/training of Mithi river and other river/nalla system in Brihanmumbai Phase – II and III ₹654.44 crore), Rs 582.31 crore for Rejuvenation of rivers, Rs 200 crore for construction of Mogra, Mahul Pumping Station and Rs 366.50 crore has been set aside for SWM and SWM Project.
For primary education there is an outlay of Rs 3347.13 Cr and Rs 1125 crore has been allocated for Ashray Yojana.

The Mumbai Sewerage Disposal Project has been allocated Rs 3566.78 crore. Rs 1376 crore for the water supply project, Rs 780 crore is provided for hydraulic engineering, Rs 433 crore for water conveyance tunnels, Rs 364 crore for sewerage operation, Rs 350 crore for the new 2,000 MLD water treatment plant, Rs 300 crore for the sewerage improvement programme, Rs 200 crore allocation is made for the setting up of a 200 MLD desalination plant at Manori and Rs 32 crore is provisioned for an advance tertiary treatment plant (ATTP) at Colaba.

Rs 133.93 crore is budgeted for modernization and upgradation of Veermata Jijabai Bhosale Botanical Garden & Zoo and Rs 13.69 crore for modernization of the Deonar abattoir.

For health Rs 6309.38 crore (12% of total budget) has been provided and includes Rs 110 crore for redevelopment of Bhagwati Hospital, Rs 110 crore for construction of Centenary Hospital at Govandi, Rs 95 crore for expansion of M.T Agarwal Hospital, Rs 75 cr for proposed Construction of Centenary Hospital at Kandivali (W) and Rs 70 cr for redevelopment of Sion Hospital Premises.

Rs 60 crore is proposed for the Multi-Specialty BMC Hospital at Bhandup, Rs 53.60 crore for expansion of K. B. Bhabha Hospital at Bandra, and Rs 35 crore for development of plot bearing CTS no 11A/4 village Chandivali reserved for hospital at Sangharsha Nagar.

For construction of residential accommodation in the premises of Acworth Leprosy Hospital a provision of Rs 28 crore is made, for extension to Nair Dental College Rs 17.50 crore is allocated, for redevelopment of Siddhartha / Murali Deora Eye Hospital Kamathipura E ward (Rs 12 crore), repairs/reconstruction of Oshiwara Maternity Home, Rs 9.50 crore, upgradation of Plasma Centre in KEM Hospital (Rs 7 crore), construction of Medical College Building at R.N.Cooper Hospital (Rs 5 crore), construction of Tata Compound Hostel Building and Hajji Ali Hostel (Rs 2 crore), construction of Proton Therapy Cancer Hospital in K.E.M Hospital (Rs 1 crore).

Comments

Other News

Leadership skills you should hone/develop to grow in life

American author, speaker, and pastor John Calvin Maxwell once said, “A leader is one who knows the way, goes the way and shows the way. Leadership is a skill that some naturally possess, while some hone it over the course of their lives. When we think of leadership, our minds automatically drift to the s

India’s overall exports cross all-time high of $750 billion

India’s overall exports, including services and merchandise, have crossed US$750 billion, minister of commerce and industry Piyush Goyal has announced. This is an all-time high and this achievement comes in the 75th year of independence as we celebrate the Azadi Ka Amrit Mahotsav. Addr

Climate actions being implemented to deal with impact of heat waves

India’s climate actions cut across various sectors and are being implemented through various programs and schemes of different union ministries, departments and state/ union territory governments. The government of India through concerned ministries and departments organises workshops, exhibiti

Banks must hear borrowers before declaring their accounts as frauds: SC

In a judgment with far-reaching implications, the Supreme Court has held that the civil consequences of an account being declared as fraud under the Reserve Bank of India (Frauds Classification and Reporting by Commercial Banks and Select FIs) Directions, 2016 or its Master Directions on Fraud amount to ci

India’s forest cover increases by 5,516 sq km in four years

The Dehradun-based Forest Survey of India (FSI), an organization under the Ministry of Environment, Forests and Climate Change, carries out the assessment of forest cover biennially since 1987 and the findings are published in the India State of Forest Report (ISFR). As per the latest ISFR 2021, there is a

Steps taken to meet higher power demand of April-May

While the average growth of energy requirement in the country for 2023-24 viz-a-viz 2022-23 has been estimated as 4.9%, the months of April and May have been projected as high demand period. During the current year, the peak demand is expected to be around 229 GW during the summer period. The government ha