Mumbai, Feb 4 (PTI) The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, on Tuesday presented its budget of Rs 74,427 crore for the year 2025-26.

The additional municipal commissioners presented the budget to BMC Commissioner Bhushan Gagrani, who is the state-appointed administrator of the civic body, at the BMC headquarters here.

The civic body is under an administrator since the term of the corporators ended on March 7, 2022.

"The budget estimate for FY 2025-26 is proposed at Rs 74427.41 crore, which exceeds the budget estimates of 2024-25 i.e. Rs 65180.79 crore, by 14.19 per cent," the document reads.

For the third year, the budget was presented to the administrator instead of the usual practice of the municipal commissioner presenting the budget to the standing committee. PTI KK GK

Municipal budget presentation shifts to state-appointed administrator, continuing deviation from standing committee oversight in governance. The Brihanmumbai Municipal Corporation presented its municipal budget for 2025-26 to the state-appointed administrator, Commissioner Bhushan Gagrani, with a proposed estimate of Rs 74,427.41 crore. For the third consecutive year the budget bypassed the standing committee and was placed by additional municipal commissioners before the administrator, the body having been under administration since the elected corporators' term ended; the estimate exceeds the previous year by 14.19 percent.