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BMC budget 2021: New taxes unlikely but property tax to be revised later
Hindustan Times 28 Jan 2021
Brihanmumbai Municipal Corporation's (BMC) budget 2021 for Mumbai city, to be presented before the standing committee in the first week of February by municipal commissioner IS Chahal, is unlikely to introduce new taxes for Mumbaiites ... The BMC budget 2020 was pegged at ₹33,441.02 crores, which was 8.95% more than the previous year's budget....
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Rs 4,000 cr infra bonds: Opposition slams BMC
The Times of India 27 Jan 2021
The 's (BMC) decision to float ‘’ and raise around Rs 4,000 crore for financing infrastructure projects in the city came under sharp criticism from corporators in the civic standing committee meeting on Wednesday, who demanded a status report on the BMC’s finances ... There must be a white paper on the BMC’s finances....
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Mumbai: Opposition corporators slam BMC over move to float Rs 4,000 crore infra bonds
The Times of India 27 Jan 2021
The 's (BMC) decision to float ‘’ and raise around Rs 4,000 crore for financing infrastructure projects in the city came under sharp criticism from corporators in the civic standing committee meeting on Wednesday, who demanded a status report on the BMC’s finances ... There must be a white paper on the BMC’s finances....
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Corporators slam BMC plan to raise funds through bonds for infra projects
Indian Express 27 Jan 2021
Criticising the Brihanmumbai Municipal Corporation (BMC) for its plan to raise funds through bonds for infrastructure projects, corporators demanded that a white paper on the entire plan be submitted before the committee ... A senior civic official said the BMC has planned to ... BMC....
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BMC ropes in transgenders to collect parking fees
The Telegraph India 26 Jan 2021
The Bhubaneswar Municipal Corporation (BMC) has roped in transgenders to collect parking fees from vehicle owners at major parking lots in the city ... “The members of transgender community are involved in various works of the BMC....
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BMC to evaluate consultants for underground water tank project
Indian Express 25 Jan 2021
The Brihanmumbai Municipal Corporation (BMC) has received responses from the companies of Netherlands, Japan and South Korea for consultancy on its underground water tank project to tackle flooding in Mumbai ... “We have shared details of flooding patterns and locations in the city during heavy rainfall with these firms ... Top News Right Now ... Tags ... ....
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BMC to float Rs 4,000cr municipal infra bonds
The Times of India 25 Jan 2021
Facing a cash crunch amid falling revenues and increased Covid spending, the BMC will soon float ‘Municipal Infrastructure Bonds’ to raise money from the market to pay for big-ticket infrastructure projects after two years. The BMC, Asia’s richest civic body, is expecting to raise Rs 3,000-Rs 4,000 crore....
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Cash-strapped BMC to float infra bonds, raise Rs 4,000 crore
The Times of India 25 Jan 2021
Facing a cash crunch amid falling revenues and increased Covid spending, the BMC will soon float ‘Municipal Infrastructure Bonds’ to raise money from the market to pay for big-ticket infrastructure projects after two years. The BMC, Asia’s richest civic body, is expecting to raise Rs 3,000-Rs 4,000 crore....
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Mumbai: BMC aims to give Covid vaccine to 9,500 healthcare workers daily this week
Hindustan Times 24 Jan 2021
From January 16 to 23, the BMC has vaccinated 13,365 HCWs ... Starting Monday, the Brihanmumbai Municipal Corporation (BMC) aims to double the number of healthcare workers (HCW) who will be inoculated daily to 9,500 by setting up 65 centres ... From January 16 to 23, the BMC has vaccinated 13,365 HCWs....
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BMC and a bridge too far
The Times of India 24 Jan 2021
BMC is likely to see a shortfall of around Rs 6,000 crore, thanks to covid and cable-stayed bridges — starting with the one to replace Dadar TT overpass. This year, the Brihanmumbai Municipal Corporation (BMC) will find it difficult to bridge the gap between revenue and expenditure as it concentrates on building bridges in Mumbai....
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