<h1>BMC Allocates Rs 1,000 Crore to Support BEST's Financial Recovery and Infrastructure, Including 2,000 Electric Buses</h1> The Brihanmumbai Municipal Corporation (BMC) has allocated Rs 1,000 crore in its 2025-26 budget to support the financially struggling Brihanmumbai Electric Supply and Transport (BEST) undertaking. BEST, serving over 30 lakh commuters daily with a fleet of around 3,000 buses, will use these funds for infrastructure development, equipment purchases, loan repayments, and operational expenses. Additionally, BMC will contribute Rs 128.65 crore towards acquiring 2,000 electric buses, though it's unclear if this is part of the Rs 1,000 crore allocation. Since 2012-13, BMC has provided Rs 11,304.59 crore to assist BEST, which has accumulated losses of approximately Rs 9,500 crore.