BMC presents budget INR 27,258 crore for 2018-19

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BMC presents budget INR 27,258 crore for 2018-19

Brihanmumbai Municipal Corporation (BMC), the richest civic body in the country, has presented budget for the fiscal 2018-19 of Rs 27,258 crore which was an 8,42 percent increase as compared to last year.

Promising to focus on efficient resource allocation for Mumbai’s growing needs, including adequate capital expenditure on critical infrastructure projects, Ajoy Mehta, Municipal Commissioner, BMC has tabled the budget in stressing the big-ticket projects like the Mumbai Coastal Road and Goregaon Mulund Link Road which have received a boost while allocations to departments like roads, storm water drains increased.

“The capital expenditure for 2018-19 is expected to be Rs 6,111.07 crore, a huge rise of Rs 2,260 crore from the previous year, or 58.71 percent,” Mehta said. Stating that the reforms initiated last year had borne results and that those principles would continue to guide municipal planning for the coming year, Mehta proposed capital expenditure worth Rs 9,527.80 crore for 2018-19. That is a proposed 55 percent increase in proposed capital expenditure compared to the current year’s revised estimates.

The civic chief said that while no new taxes have been imposed this year, owing to a depletion in revenue income, from the next financial year they may have to withdraw from special reserve funds created by time.

Revenues from the Development Plan department, especially through fungible FSI, premiums paid by builders for staircases and lifts, other infrastructure charges payable to the BMC for development in MHADA layouts or other redevelopment projects have all registered a slide. This income, from the Development Plan department, was estimated to be Rs 4,997.43 crore in the 2017-2018 budget estimates, but have now been revised to Rs 3,947.38 crore.

New appointments, transfers in Maharashtra Babudom

Senior Bureaucrat Bahagwan Sahai, a 1984 batch IAS, is being appointed as commissioner under the Right to Services Act, while State Election Commission Secretary Shekhar Channe is likely to be appointed as the new Transport Commissioner of the state.

The Transport Commissioner post was laying vacant after incumbent Praveen Gedam was appointed Officer on Special Duty to Union Railway Minister Piyush Goyal. Finance Secretary (Accounts & Treasures) V K Gautam has transferred to Tourism Department. He will replace Nitin Gadre, who has not given a new assignment.

Aurangabad Divisional Commissioner Dr. Purushottam Bhapkar will be the new Secretary for Animal Husbandry and Dairy Development, while S N Kendrakar, Commissioner for Sports, will replace him. Amravati Zilla Parishad Chief Executive K H Kulkarni will be the new commissioner for Tribal Research and Training Institute, Pune.  M H Gursal will be the new secretary of the Fee Regulatory Authority, Mumbai. MIDC Joint CEO A A Gulhane will be the new CEO of Wardha Zilla Parishad.

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